Skip to Content
scroll

Resolute Mining (RSG)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Resolute Mining (RSG)

Hi guys Your thoughts on rsg. I bought at 60c and have had a good run and after reading your thoughts on gold stocks im not sure if its time to take profits although broker recommendations have a 90c target for the stock which is still quite a bit of upside I know your advice is only general in nature but i would appreciate your thoughts on this stock moving forward Thanks Tony

Answer

Hi Tony,

As you say our advice is only general and directed in this case at MM’s portfolios.

A very topical question, we have been watching our exposure very carefully over recent weeks having trimmed Evolution (EVN) into recent strength. We are comfortable having trimmed our position at this stage, and we may take more off the table moving forward but as the saying goes “the trend is your friend” and with regards to gold that’s still up.

chart
image description
Resolute Mining Ltd (RSG)
image description

Relevant suggested news and content from the site

Back to top