RRL 1.19% $2.55 regis resources limited

June Research Report - Regis Resources, page-14

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    Thanks Nordesmic

    I am reasonably well up to speed on it and owned ADU pre-merger with EDV(TSX)/EVR), but I thought given its size and potential others could be interested. Its share price will be driven by what happens on the TSX. I am a bit concerned that if too many more CDIs get converted into TSX shares then perhaps the company may decide to de-list in Oz. During a panic its pretty much impossible to get out at a reasonable share price. It is a longer term hold for me in the expectation that a rising gold price will mean it will turn from a frog into a swan one fine day.

    loki
 
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