GREY:RNKLF - Post by User
Post by
werdnapkon Jan 22, 2018 12:27pm
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Post# 27408700
Major interest
Major interest
If you watched the BNN interview, the Shelby mentions possible majors knocking on RNX's door if they don't get the financing in place. I think it's a win-win situation here if that's the case.
scenario 1: RNX gets the financing and builds this mine and you're looking at a future multi-dollar stock here.
scenario 2: A major comes in and buys the mine or the whole company for a nice fee and we end up with a conservative $1 SP. Not ideal in the long run, but from the current price, that's still a nice upside.
Gonna wait things out there.