Frank: Re.: RGLD (this rambles a bit):
Noticed last several days that some other thread listed RGLD as a great PM holding. I may be incorrect , do not remember the post/thread, but think a major contributor to the thread listed RGLD as a nice holding. You recall who and where? Even though it has had great run up lately, I was somewhat amazed at the recommendation to check it out. I believe it all has to do with the royalty situation; which I suppose could make it a multiple bagger upon a big increase in POG. You give this any credence?
You seem much more satisfied with holdings, as of late. Makes me feel more comfortable with what I have decided to go with. All is based on strength of the POG lately, which I believe is much more reassuring to me now, versus a month ago. Sure is difficult to enter a sector early, but it does give you a better view of the companies in that sector. Perhaps that is why I would go with a bit of RGLD, even now. If trend is a friend, a bit of RGLD may be a good thing. I do not hold any now, had it from under three to about 3.75. Just wonder if you see any reason for a position now, this late; as compared to the shares like Miramar, etc ( which has done AOK thru the recent slowing upside in the POG).
Best Wishes;
Rails |
