Sold my RRL last Thursday for a small trading profit. Dodged a bullet with the announcement today of a cap raise by RRL to buy Tropicana from IGO.
Other benefit is that GOR who was also in the running for Tropicana, won't have the overhang of a capital raising holding back its share price.
Gold seems to go down early in the week and picks up later. Not expecting a revisit of $1,680 and Aussie golds held up well today, so hopefully expectations are for testing the $1,760 level.
