No need for RMS to diversify into other random commodities at the moment. Potash? Copper? Why not Antimony and Uranium? Makes about the same sense.
A company's competitive advantage is doing what they are good at better than others. RMS are good at mining gold, so leave copper to companies like Glencore and Evolution who know how to do it. RMS might be able to mine copper profitably, but equally they might be terrible at it. Would they know how to time an investment cycle in another commodity?.. be able to pick a winning Cu project from a bad one?... not worth the risk currently.
We're entering a golden age for gold (no pun intended), and RMS are in the best possible position to leverage off this current cycle. All commodities are cyclical, even gold, I have no idea how long this bull run will continue for but I invested in RMS for a reason.
RMS Price at posting:
$2.59 Sentiment: Hold Disclosure: Held
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