GREY:RNKLF - Post by User
Comment by
wombat4goldon Jan 23, 2018 7:28pm
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Post# 27420323
RE:Expressing concern - Negative?
RE:Expressing concern - Negative?factRbest "
I say 5 million because the rest of the money stayed with the JV. If RNX gives away more of Dumont they also give away their share of the cash. A few months later they gave away half of Dumont."
no that both happened at once in one single deal. a total shi t deal for RNC everybody would agree i think, but you have to remember that when they negotiated for that, nickel was at the deepest slump nobody knew how long to last and they considered to buy a cheap nickel mine with the 35 million first." factRbest "A short time after that RNX did a financing put up even more of Dumont as collateral." thats bullshi t factRbest Beta Hunt finances are no better today than they were in 2016. That is verifiable and not posting it does it make it not real. yes the rampup totally got stuck in Q1 2017. it was horror and stock shows it in chart. but they also financed over 20km drilling that are finished just now from the money to finally get us reserves! and tonnes mined per day at least doubled from 2016. its was not a completely wasted year.
stock price did not went from 0.6 CAD to 0.17 because of nothing. but where can you find chances? in a stock that got hated much over long time or one thats already a loved darling.