Of course it can´t be ruled out to see lower prices especially when gop goes south. However Regis is not a stock to day trade in (at least for me it isn´t as we have quite a spread here on European stock exchanges for that stock). For me it is a long term investment as I am optimistic for gold in a negative interest and inflation environment.I don´t especially care for momentarily dips of 5, 10 or even 20% (might even be opportunities to buy more). I also took a long look at different gold miners and found Regis to be the one the most undervalued situated in a geopolitically stable country. I don´t invest in shady countries that might get around to tax or otherwise collect the proceeds from companies.
RRL Price at posting:
$2.56 Sentiment: Buy Disclosure: Held
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