Regal is a great hold, have been holding for sometime. Huge upside here, How many companies pour gold within the first 18 months? with $0 debt, money in the bank and less than 50 million shares in the market. take a look at the resources, take a conservative profit of $200Aud per ounce and you have a share value just over $2. then look at the following... Huge gold resource potential, look at what they have the grades and what is around them that has never really been drilled, plus extension potential to existing resources Look at what other explorers are around them, who may like to use the plant for a royalty then look at other areas futher north with nickel potential. Read through the announcements and prospectus again and you see a team with a plan for long term growth.
sure would like to see the price higher, but well worth the hold,
NZC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
