Royal Nickel Corp. RNKLF

RE:RE:RE:MR BIGGER - READ THE PEA - LET EXPERTS SPEAK

[marben100]

Thanks for the clarification factRbest - thought you were talking about recent news.

From what I've seen I don't have much faith in the management here... but am hopeful that this discovery is good enough that even they can't screw it up. :0) Time (and more digging/drilling) will tell.

Before this discovery RNX was clearly in trouble, overloaded with debt, but with $15m coming in from recent finds (in 4 days!), they should have enough cash to keep digging, for the time being. The key, of course, is how much more they find in the near future. Unlike most tinpot miners, I can see this discovery being able to bootstrap itself, with cash from the gold found & sold being used to fund more explo and development.

I find it extraordinary that management is still talking about a sale when they still have no idea of the value of this discovery.

BTW what piqued my interest here was an FT article: https://www.ft.com/content/2da8b2e0-b4e3-11e8-bbc3-ccd7de085ffe titled "RNC makes ‘find of the century’ in Australian Gold Fields" - then I did some digging into RNC's release on the subject and examined their recent FS & MD&A (which are dire).

Mark B