Re: Positions Thread
adding more RGLD (royal gold). great stock for those seeking exposure to gold. they are a royalty company that makes their money off the gross production and not the net and are therefore immune to rising costs that many miners are facing today. they do not have any hedging or derivative exposure. high margins,low overhead,1 billion market cap and only 17 employees. wall street doesn't understand mining, nor do they like it...but this business model is easy to comprehend and i believe is going to be a huge winner before this gold run is over. i have the jan 2010 30,35, & 40 call options which i bought when the stock was at 22/share. adding stock today.
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