I've got a good 12-15% of my RRSP already in ORE, but at these price levels I think I'm going to have to throw the tenet of diversification out the window a bit and probably double that position. The question I have for the board is where do you see solid support? How low can I let it fall before jumping in with both feet? I've always been a value investor rather than doing much technical analysis of charts, so I'm curious where the various support levels are.
Edit to add: Just FYI RRSP is a Canadian retirement savings plan. Similar to a 401K in the US I believe. Not sure the Australian equivalent.
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