Gold is on sale this week. Based on a POG $500/oz higher than 24 months ago you could say that this justifies a $5+ valuation. Approval of McPhillamys would justify a $6+ valuation. A $AUD3,000+ POG would take RRL to a $10+ valuation. This may take 2+ years to play out but those that have nothing better to do than “bank” posts and to claim the posters are idiots within a 4-6 week timeline, if that what it takes to enhance someone’s self esteem so be it?
RRL Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
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