RRL 0.90% $1.68 regis resources limited

Where do you see exploration finding new deposits? Honest open...

  1. 1,502 Posts.
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    Where do you see exploration finding new deposits? Honest open question.

    To my knowledge the main tenement areas present limited exploration upside.

    Duketon mostly drilled out - already known
    Mcphillamys mostly drilled out - already known
    Tropicana mostly drilled out - already known

    There is a very low chance of a major discovery on the existing tenements. The company's biggest issue IMO is its inability to control costs. This seems like a trend that formed when the old management all left and the new management was brought in. I am prepared for the SP to go lower, maybe that can be a wake up call to management to shape up.
 
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