GREY:RNKLF - Post by User
Post by
factRbeston Feb 27, 2018 9:30am
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Post# 27627063
Want an example of a PUMP
Want an example of a PUMPIf you take exception to this show it with the information you have to counter my info.
In a release RNX stated
The last two week or operation resulted in an annualized production rate of 70,000 ounces of gold.
Now we have letter writers stating that RNX will produce 70,000oz of gold in 2018.
RNX NEVER SAID THAT.
Simply, as I see it. They hit a high grade area but these zones have always quickly run out so it is safer to assume the same will happen now.
Production can be effected by tonnage and by grade.
So when you look at it historically. For RNX to come of of 2018 running status quo would be biblical in performace.
AGAIN RNX NEVER CLAIMED THEY WOULD PRODUCE 70K ounces.
Look at the last quarter where they revised guidance downward and that is not the first time they have done it. Also they have never hit their guidance.
AGAIN
The gold is not there