Im a little bit confused. Has it actually gone up? or has oil just gone ham and propped up production costs?
Nickel has gone ballistic because Russia supplies 5.5percent of worlds supply. Yet Russia also supplies 10 percent of the worlds gold yet we still don't see a substantial move. I maintain my bullish stance on the company and the yellow metal but would love to hear some of your perspectives?
Will we see supply constraints? as more investors start thinking about gold yet a fair chunk of supply would be affected by sanctions imposed on Russia?
Quite strange how commodity stocks are hitting highs yet gold is chilling.
Investors are even flocking to Aussie COAL which is actively getting attacked by green lobbyists.
Reality will surely catch up. Maybe it'll take a few high cash quarters?
Stay patient and all the best for everyone
RRL Price at posting:
$1.97 Sentiment: Buy Disclosure: Held
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