July latest brokerage report

Post annoucement
Latest (previous)

Citi: 1.77 (1.56)
UBS: 1.9 (1.51)
GS: 1.5 (1.75)
JPM: 1.65 (1.55)
PCF: 1.34 (1.42)
Hartley: 1.68

Gold currently 1100 USD/oz, and fx is .7284, which means still over $1500/oz

I read all the above reports, I did not buy because they said so. I still think the only issue with RRL is RRL itself with their production woes, grades and mine life. They seem to address this quite adequately, my personal target is $1.5 in the short term but $1.8 long term. Their cost of production is very low compare to most, serisously undervalue against their peers and they are hedged with a floor of $1425/oz which is still very profitable.

I'll be accumulating if this doesn't hit $1.4 on Monday.

Dyor