Yesterday morning we touched on our bullish view towards Regis Resources (RRL) and right on cue the gold sector enjoyed a strong day dominating the leader’s board e.g. RMS +5.1% and RRL +4.6%. We like this relatively small $988mn predominantly gold miner and explorer which was the market’s 3rd best performer yesterday, initially looking for 15-20% upside although more wouldn’t surprise.
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