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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by nanaimo16on Sep 26, 2018 11:44pm
256 Views
Post# 28698365

RNX Warrant Profit potential ( Old School)

RNX Warrant Profit potential ( Old School)
$0.21c x 3.8 = $0.798c x 40,000,000 = $31,920,000.00 - $8,000,000.00 (cost) 

= $23,920,000.00 Profit before tax . ( Made  over a 4 month hold period ) Alot of coin ... if new buyers can be convinced at $0.798c a share.

the 3.8 in this scenerio is an Old School method of calculating what an investor is looking for with a high risk situation. 

Now the warrants shares become free trading in a matter of days now.

News will have to come up around that time... but not too soon because it cant afford to get stale.

That said I am long on RNX and playing around with a trade here and there IF its a given for a few cents.
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