RSG 4.82% 43.5¢ resolute mining limited

Strategic partner versus takeover, page-11

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    Let’s have a look at the what happened since my last post:

    - Gold spiked last night and put on $10 and broke the important psychological level on Comex $1250 and fell short of that level on spot market, but we should break that tonight.

    -We have reached  and broke my predicted level of $114 and finished at Slang’s level of $1.125. indicating a weekly close of $1.18 to $1.20.

    - Massive physical buy into safe haven and things are looking very bullish in anticipation of supportive Fed statement.

    - the fundamentals of the company are getting much better with three positive announcements in less than a week, who knows what is next, let me guess :

    Take over

    Strategic partner or stake in one of the mines

    Much better than anticipated quarter report.

    Substantial notice, this time may be from Naguib S if not a TO.

    Listing on London Stock Echange.

    First production from Syama and some comments on the rock quality @ Esh.

    5 percent in response to the Fed decision should take us to 1.18 to $1.20. I have raised my new target in response to the positive announcements and renewed market interest in RSG.


    Merry Christmas and Happy New Years with lots of greens in the bag.

    All IMHO

    cheers, Sydney 



 
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Last
43.5¢
Change
0.020(4.82%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $10.17M 23.38M

Buyers (Bids)

No. Vol. Price($)
9 252583 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 265791 4
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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