RED 0.00% 34.5¢ red 5 limited

Ann: Completion of fully underwritten $90 million equity raising, page-33

  1. 1,340 Posts.
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    We will be ok… I’m confident of that.

    Believe it or not… but Red 5 should do very well in a recession… gold is sort after as a safe haven and goes up… costs come down, employees easier to get and sometimes cheaper, debt becomes cheaper along with fuel extra… during the Great Depression in the 1930s gold companies went up over 500% over several years and paid big dividends ends…

    Dont take my word for it though… history has away of repeating.. check it out.
 
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