Hi Grandmaster
I just can not see this stock going to $2. Regardless what the director thinks.
I personally think gold is heading down towards $700 to $900 in the next year ot two.
If this stock is trading where it is now, while gold is around $1250, then imagine where it will be if gold reaches those levels i mentioned.
You will see RRL trading closer or below my oringal 30c target. Gold mining companies now are only just breaking even, with the gold price at $1250.
Imagine what will happen if gold continues to fall. You are going to see a lot of them go out bust, especially the small caps. Cheers.
Hi Grandmaster I just can not see this stock going to $2....
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Last
$2.02 |
Change
0.020(1.00%) |
Mkt cap ! $1.526B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.04 | $1.98 | $6.268M | 3.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 55895 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 117481 | 10 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |