Hi nordesmic. I agree with you that the correlation is...

Hi nordesmic.

I agree with you that the correlation is temporarily broken. I remember you mentioning some comments back that RRL could go to 1.8. I think that by not rising when other goldies are going berserk, this is the equivalent of a fall to 1.8, if other goldies were to have remained the same. Hence, IMHO, I think further downside is very limited unless gold of course falls, which will take down all goldies with it.

There could thus be a timing difference in correlation but for long term investors, RRL is still a very sound stock on so many metrics. Once all production issues are resolved, RRL could be zooming ahead. Again, NST itself could be meeting with some resistance of its own now.

I agree with one of your earlier comments that RRL should look for some acquisitions once it starts building cash, and concentrating on some solid growth, now.

Management and natural resource genius Rick Rule's vote of confidence in Regis management is what originally attracted me to Regis, long ago . I think that is a huge plus.

I loved your other videos on BDR, NST, DRM by the way. Great work as always, and please keep up the good work.