IMVHO from the flurry of comments about the deal being a bad one so far being short-sighted due to the direction of the gold price since the instos should get more of RRL. They made a call on gold price and got it right. For RRL small sh to get it right they should have averaged down with the rights issue. Even if they got that wrong with the higher gold price and significantly more oz they will befit over time. What's more, they've had a small window subsequent to the insto's to have a look.
You don't wan t me an outside which came in late to benefit from the asset instead.
Of course, you have the same personal challenge I have-pig-headed nesses.
Go look at your chart. Ar what price was the previous short term bottom. It's pretty clear.
All IMVHO
RRL Price at posting:
$2.79 Sentiment: Buy Disclosure: Not Held
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