I guess thats why they say buy a basket. I was just about to buy NCM, was acting like a nice safe haven due to its Market cap, then they go and buy a Canadian miner for an overpriced valuation, with a fleet of electric vehicles in the snow...great call guys. Then they sell some promising royalties for peanuts for no apparent reason so I baulked. If i was to diversify would be to NST, I like the Ozzie angle, was interested in SAR before the merger, I think AUD will move with POG, so even if POG goes down so will AUD, I also think we will have less inflation than other parts so lower AICs, but who knows. Their director has also been throwing cash around, just bought a second lot of 500K worth of shares.
RRL Price at posting:
$1.81 Sentiment: Hold Disclosure: Held
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