RRL 3.47% $1.94 regis resources limited

update on flooding, page-92

  1. 4,301 Posts.
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    Parrot, the bullish quote was from October 2013 when the share price was $3.50. They've had some obvious problems since then but I'd argue most are shorter term problems and that $1.70 represents a good opportunity for anyone with a time frame greater than 3 months.

    The only thing different from a long term perspective since Rick Rule said it is the resignation of the director who represented a portion of the 'intellectual capital'.

    In a sector where management has been extremely weak these guys have been consistently good up until recently. That still counts for something in my book.
 
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