GREY:RNKLF - Post by User
Comment by
BullishMarketon Sep 11, 2018 2:59am
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Post# 28595257
RE:RE:Dont miss the conference call 10-11 est
RE:RE:Dont miss the conference call 10-11 estThey bought the mine for $12,5 million, now found gold worth $15 million, in 4 days
Math is that this mine is already profitable, if they sell the gold they found and sell the mine for $50-100 million, then we already are sitting on a big winner.
Then we also have
1
:RNC’s key asset is its interest in the Dumont Nickel-Cobalt Project, the largest undeveloped nickel reserve and second largest undeveloped cobalt reserve in the world, located in the Abitibi region of Quebec. 2:
Dumont contains the 2nd largest nickel reserve and the 8th largest cobalt reserve of any deposit in the world and is one of the few fully permitted, shovel ready, large-scale nickel-cobalt projects.