Post by
mrcashflow on Oct 09, 2018 9:50pm
I'm on Board
Took some profit from RNX off the table today, I saw this one was on the move this morning on some pretty steady trading volumes. Liked this companies latest drill results released on the 17th of September. Fact of the matter is, there are 11 holes still to be seen, and the company has a market cap under 3 million dollars. These guys are not just drilling with no gold confirmation, this is a "phase 2" 4000 Meter project aimed at increasing the current resource and making new discoveries. Heck the company raised 3 million in a private placement in December last year, and ended up "extending the expiry of warrants" due to the low share price. Stock looks really cheap to me given the current price, and its nice to know management has the shareholders back. Company is drilling in a strong gold bearing district and news travels fast in mining camps..Todays action is no fluke..Watch out folks..
Comment by
tradehaven on Oct 09, 2018 10:26pm
Welcome guys! Yes it's a winner forsure. Seen the possibilities at 2 and never looked back been adding everyday