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.
RRL Price at posting:
$1.50 Sentiment: Sell Disclosure: Not Held
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