GREY:RNKLF - Post by User
Post by
FederalReserveon Sep 25, 2018 9:56pm
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Post# 28689571
LETS DO SOME MATH!!!! :0P
LETS DO SOME MATH!!!! :0PROYAL NICKEL MARKET CAP $350MIL....KNOWN RESOURCES???? YEARLY PRODUCTION???? CASH COSTS PER OZ?????.............. DETOUR LAKE MARKET CAP $1.9BIL.....KNOWN REOURCE 16MIL OZ, I REPEAT 16MIL OZ, YEARLY PRODUCTION 590,000-640,000 OZ OF PURE GOLD.....CASH COST PER OZ$700-$750 PER OZ!!!!!!! **""DETOUR LAKE is a real world class discovery, huge producer in Canada, with 16mil oz of reserves left and at $1.9bil market cap makes each ozworth about $120per o, with the mine, equipment all turn key!!!...royal nickel on the other hand is underground mine, total proven oz are unknown, not much real info is out there other than a few boulders found last week? And you think it's worth $350mil because of what? Hope?? No thanks. Good luck