I am not in love with any stock but 500k ounces of annual attributable production at a $1k margin per ounce justifies a market cap of $5b. Talk of $USD 2k gold + in the near future is big with the guys I have been following for 6-7 years (who have led to big profits being earned by me). If they are right the Tropicana transaction will look cheap as chips.
RRL is excellent value now and those jumping ship will probably regret it. I have topped up to reduce my average cost.
RRL Price at posting:
$2.61 Sentiment: Buy Disclosure: Held
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