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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > The total impossibility of this being a one off...
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Comment by marben100on Sep 20, 2018 5:20pm
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Post# 28659479

RE:RE:RE:RE:RE:RE:RE:The total impossibility of this being a one off...

RE:RE:RE:RE:RE:RE:RE:The total impossibility of this being a one off...The Ni43-101 is needed to put a value on Beta Hunt. Without it, we're relying entirely on guesswork and have no real idea of what the mine is worth. Is there 100,000oz of this high grade material in there; 1Moz or 10Moz? We have no idea, which also means a) no potential bidder for the company/property will pay a realistic price for it; b) management has no idea how to evaluate any offer they may receive.

Anything but a waste of time.

Right now buying the shares is purely a speculation. Serious buying interest will only come in when the company publishes an official resource estimate. That's when the SP will really take off (if the estimate is as good as we hope).

Good though that the company has promised to keep us informed (as it must do) as exploration progresses.
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