In addition, many of those who are bullish on RED are former shareholders and not SLR transfers. For them, this merger is all profit since they often have low purchase averages and they will certainly be the first to leave the ship as soon as RED reaches 50-60 cents... Which would be a mistake, with gold which could see US$3,000 between 2024 - 2025 and the potential of RED, we should rather aim for the minimum of $1.
RED Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
