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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by Geodan2on Sep 25, 2018 7:10pm
255 Views
Post# 28688698

forgot one thing on talk with company, they agree on math

forgot one thing on talk with company, they agree on mathI have been saying the company can easily be less than a 1 PE stock today run rate wise and for the year if they can get say 25,000oz a month.  Floated that by them, and they said that is possible.

Now in two weeks they have got 24,000oz, which is 48,000oz per month rate.  Indeed it was spectacular, maybe extra rich part of system, but by focusing on this geo model IMHO do expect them to exceed 25,000oz a month avg for next 12 months.    

We do have a fair amount of traders here that do not look at value, but what PE is Price/Earnings Ratio.  A 1 PE stock means if you invest $1,000 in the stock you make $1,000 profit per year, a 100% return per year.  The Average stock trades fo 15-25 PE.  Being RNC is so fast growing if they do over 25,000 oz a month, a $15-$20 a share price would not be unusual. 

The market is still not even close to digesting how game changing this deposit is. 
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