Disappointing the RED (and other goldies) finished down on the day given the +40c SP this morning and the fact that AUD gold price has been 3500 all day and chart looks to me like POG will climb again tonight. anyhow... re-rate will happen soon enough. . So is RED going to give any update on Guidance as they did post the last (December) quarter ? (if so, we should see it in the next week) Will the March Quarterly Activities Report hold plenty of positives resulting from the elevated POG ? (we'll have to wait till end of month to see) . Is the market waiting for all the Goldies to report positive quarterlies before accepting that this sector needs a re-rate ?
RED Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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