GREY:RNKLF - Post by User
Post by
hedgeron Sep 20, 2018 2:01pm
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Post# 28657400
Hardly a “Soft Bash”
Hardly a “Soft Bash”The real analogy would be caution. You should be a little nervous when the new pumpers are yelling “ The World’s Find”......History In Thr Making....”Living Rooms Full of Gold”....If this was in fact the case the share price would be $10 and not 0.42 today despite this large O/S float.
I would not sell at this price because this may be the saviour for RNX and for future Dumont development in the years ahead, another asset for sure.
All the spec money still seems to be in Weed stocks now, hopefully Beta Hunt can draw some of those $ and reenergize a listless mining sector. Been depressing for too long, due for a turnaround and sometimes only takes a major discovery to rekindle interest.
A little concerning seeing the large rise in the short position. A scheme to hold the price down for major accumulation or is RNX overpriced? Easy manipulation either way for the major players, I am guessing the price is being held back right now.