It was never in doubt - only downside is, that all those SLR whiners will now migrate to the RED HC blog and we'll never hear the end of "SLR could've been a champion if it hadn't been betrayed by the SLR BOD" " we should have got a better deal" etc etc. IF the POG remains strong an IF the market remains intact, then it will be fascinating to see where the SP lands, but I suspect that for the time being, we've seen the top, at 49c, as most big players have already positioned themselves and the rerate is largely done .... IMHO. With the disappearance of SLR next quarter, what impact will this have on RED's ASX200 position, as well as the major gold indexes, and will this result in another buy surge and upward SP momentum ??? Will RED's victory lap of the major North American gold conferences have any effect ??
RED Price at posting:
43.8¢ Sentiment: Hold Disclosure: Held
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