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RSN - Renison Consolidated Mines

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RSN will propser.

The stock has a lot of potential, and with a management team that has been able to deliver the goods in the past, good times have just begun.
 
Going down

Although i will admit its only going down in line with the reduction in gold prices.

i see that a chartist from investorweb believes RSN will be bullish after it break through the 45cent barrier.
 
Does anyone out there still hold shares in RSN????

I see that they have had an increase in their gold reserves at their Tom Gully mine.

Does anyone think this stock is overvalued?
 
Hi, I have had this stock on my watch list for some time. My people tell me this one is good the next 30-120 days should please all stock holders, if the coal ore body is as good as my associates say, then you will all have something to smile about. The stock is good buying.
 

I wonder if we have the same associates
The first drill report released for Arrawatta indicates and ore bdy bigger than Ashford. And as Ashofrd is already 14mt (JORC) and expected to rise, let the good times come!

Ps. I only hold a small parcel in the stock, i was lucky enough to get into when it was mid teens.
 
KaiserBun said:
I love trading halts with this company, usually means good news!
Click to expand...

you must be disappointed with yet another capital raising by the company.
seems they have as many capital raisings then drill reports these days.
 
Odduna said:
you must be disappointed with yet another capital raising by the company.
seems they have as many capital raisings then drill reports these days.
Click to expand...

Although i wasn't expectin another capital raising, how they are doing it, and what they are doing it for will give a nice short term lift before the coal announcements are made.

from a close at 27.5 cents on friday, stock is now up to 31 cents.
 
Re: RSN

hey pancho
try "RSN - Renison Consolidated Mines" thread in search area of Stocks Q-Z
 
Re: RSN

pancho said:
Hi anyone interested in RSN looking like might go for a run?
Click to expand...

Well, 36 cents is a barrier for the stock.

I believe it will pass this barrier once the coal announcements are made.

Has had a good run since trading halt, from 27 cents to 34 cents.
 



I hope this is true
 
Big drop today.

Is it just in line with gold dropping last few days?

or has there been a leak of information out of the company about drill results?
 
Only 68% of the recent convert notes allocation taken up....... not a good sign
 
Probably not bad in present market where you could buy down to 26c. I got in early and took mine up. If I'd waited a few days I may have bought ordinary shares instead. Still, the money is raised and that means no hedging. Gold looks set for a run so, even in the situatuation of a sharemarket meltdown precipitated by the very poor US economic conditions, the long term outlook for holders of commodity miners should be solid... though our nerves may be tested in the short term.
 
Well, just got back into stock.
With an increase of resources to 18 million tonnes at Ashford,
first gold mine online.
good times will start to come now.

i don't think this stock blows anymore

as i have interest in it, i guess i should ramp this stock up : )
 
Good luck. Let's hope it does well for holders. I'm personally not expecting much actual return in the short term. I guess that a lot of the gold profits will be put back into further development, but that should make it a reasonable growth prospect.
 
Nice little announcement about the gold.
still think its going to be the coal assets that will make this company
 
Not much talk in forum about this stock for a while.
Its had a few very good annoucments recently.

First gold bar poured at its NT gold mine.
North Queensland gold propsect looking good after recent drill results.
And good reports coming from its NSW coal assets.

Pity that share price is not reflecting current news.

Does anyone see this as a long term propect?
 
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