Resolute Mining Share Discussion Threads

[gozo] 04/5/2023 19:06

Well done to all here.

[arja] 13/4/2023 16:22

hard to figure markets at times as RSG hit 27.6 earlier when gold price was much lower and now at 26 and no reaction to gold price taking off and then off a little on profit taking ! :)

[arja] 13/4/2023 11:07

guess so and it was quite a decent one for a small market player :) . surprised me that some sold at 26 and 26.20 with auto trades after that as surely RSG in OZ will be up on friday although markets sometimes fool us ! Trying to re-enter at 25.6 but unlikely to be hit unless gold price suddenly tumbles :)

[the count of monte_cristo] 13/4/2023 10:55

A profit is a profit.

[arja] 13/4/2023 09:53

punters in RSG here must think the price in OZ will rise to 51 tomorrow and it looks like it will . I was about to raise my sell price on L2 ticket but was hit at 27.40 :) . might regret it tomorrow if gold price holds the current level by time aussie market opens !

[arja] 13/4/2023 09:04

Just looked at the chart and CORA looks to be heading for the 2.5 level it reached in 2019 . many aussie punters like the gold specs in hope of being in the 1 in a 100 which takes off and makes them heaps of money , but many eventually go under and the crooked directors then float another mining spec after a respectable period :) . No idea about Cora and whether it is in that category but I hate these MM stocks and RSg is also dominated by MMs and wide spread here in UK but highly liquid and big volume in OZ being lead market , eg , today and RSG closed in OZ at 25.90 and should be trading here ay close 26 with gold price moving higher since aussie close . Can still make money on it here but hard yakka if a trader :)

[the count of monte_cristo] 06/4/2023 05:40

OT anyone have any views of CORA? Got a gold mine ready to go, just awaiting funding, unloved and way off the radar. Yet, it gets cheaper by the day. Sp almost at all time lows. RSG also have there mine in Mali and seem to be doing well out of it.

[the count of monte_cristo] 06/4/2023 05:38

Nice, thanks someuwin

[someuwin] 05/4/2023 15:04

Adjusted the scale on the long term chart above to show how far this had fallen.

[ukgeorge] 05/4/2023 14:12

Yes, very nice. Seriously kicking myself for not buying in around 15p a few weeks ago.

[the count of monte_cristo] 05/4/2023 14:07

And the rerate continues.

[arja] 04/4/2023 15:44

with gold price spiking after OZ close , hoping RSG will react on aussie market on wednesday but it csn disappoint. Anyway , bought a modest parcel at 23.40 here today and looking for a profit tomorrow :)

[arja] 31/3/2023 08:58

pleasure , first time the bid has been above aussie closing price but RSG did break out to 42 today and seems it has more upside after years struggling :)

[the count of monte_cristo] 27/3/2023 11:45

Many thanks

[arja] 27/3/2023 09:39

ALGO trading even with RSG as I placed a parcel sell order on L2 and split second later the quote is just under my price . I then raise my asking price and same thing happens :) . hard to trade against a computer programme I GUESS but I still manage to make heaps at times !

[arja] 27/3/2023 09:06

because RSG in OZ is lead market and I would much prefer to trade it there BUT do not fancy staying up until midnight :) . really hard to enter and exit here as RSP quote is bad and only slightly better than the level shown on L2 - frustrating :) Closed at 20.64 equiv in OZ and best sell here is 19.70 at the moment with RSP quote ,.

[the count of monte_cristo] 24/3/2023 04:44

It's weird, why is the stock so illquid and the spread so large when this is a 220m market cap company?

[arja] 23/3/2023 14:10

does not always react to gold price move but hopefully will do so in oz tonight and can break the 38 barrier .I have a modest holding bought a few days ago but needs patience and sadly so illiquid here and wide spread

[the count of monte_cristo] 15/3/2023 14:14

Probably going to be a very healthy next few years for RSG, after some lean times.

[the count of monte_cristo] 15/3/2023 13:49

Just bought some, seems very cheap and way, way off the radars. Which I obviously like.

[the count of monte_cristo] 17/2/2023 05:26

Crazy that they raised at that price, such a discount

[ukgeorge] 16/2/2023 12:31

Hi all, I met Terry Holohan down at Indaba, and saw him present.

Interesting turnaround story. I'm tempted to buy some but obviously now at a 50% premium to the 9p raise which is a bit of putting.

[arja] 20/1/2023 08:43

RSG chart in oz market shows a nice short term uptrend but such a wide spread and low volume in Uk makes it impossible to trade .

[farrugia] 23/12/2022 08:28

now that Resolute are properly funded and the debt has been addressed I wonder what's the fair valuation?