RRL 1.44% $1.76 regis resources limited

Price Action, page-34

  1. 2,433 Posts.
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    Totally irrational selling on all goldies today... there is no excuses for this selling but bigger funds playing games or moving funds out... A stock trading at 52 week low when oil price is on its nose and gold price at record high, makes no sense.... RRL was trading over $5.00 when gold price was below $2000oz and oil $70 barral, hedging was same as today... Just wait the quarterlies come out next month, same instos that are selling will be buying.... Im happy to buy more on dips and wait it out.... debt free, margins over $1000oz.. what else can u ask for.... $100mil cashflow a quarter....
 
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