I really need to have a think about whether my investment monies in Regis would be better used in investing in another gold miner that is growing and has little or no debt. Share dilution and additional debt has me concerned as an investor and a question which come to mind is is there any issue in McP go ahead?
Although I am quite positive that there will eventually be a higher gold price I just feel that RRL is planning on a higher gold price which sort of feels like rolling of odds rather than good financial planning.
Good luck to all on whether you Sell, Hold or Buy RRL stock.
RRL Price at posting:
$3.17 Sentiment: None Disclosure: Held
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