I can guess with the price of gold uplifted we will see a lot of trading right at the $2.70 (or even just under). I bought mine on market then promptly sold on the first uptick. So I am just back to where I was... a 20% loss with a 5% gain on a few shares traded.
Anyway, I think the $2.70 is good value. But, I worry re the management. What dumb thing can they do next or what plan is delayed. But, overall, if POG ups then Tropicana is an OK investment, but at the time they bought Lord knows why they overpaid so much. Seemed a desperate act to cover up their NSW mismanagement. But, but it may all come good in the end, If Mc is approved and pog ups and Tropicana resource expands then Bob's Your Uncle. I want Bob to be my uncle.
RRL Price at posting:
$2.69 Sentiment: Hold Disclosure: Held
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