GREY:RNKLF - Post by User
Comment by
johnny007on Oct 02, 2018 8:16pm
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RE:RE:RE:Questions & Answers about RNC Minerals Projection
RE:RE:RE:Questions & Answers about RNC Minerals Projectionyeah, not a biotech stock yet :)
all those numbers are even quite conservative, and I agree - can't hit it in a few days and surely not expecting this so fast.
but the more they find, the more the 'experts' agree to the published and referenced science for the resources - the higher it shall go.
Sprott being on site and maybe others this week shall support the resource thesis.
But yes, first things first: Back above C$1.18 and recovering the previous C$2 levels.
For DuMont company will show some study soon I would think and some Quebec mining regulation just has been relaxed I read somewhere.
So all things in good time, but expecting the C$2 break rather sooner than later.
BTW .. C$0.56 is just baseline on the fixed balance sheet, everything below was more like BK level talk before the gold finding. C$2 x 28% = C$0.56, the DuMont or 'need to sell the mine' hair cut.
Wonder when tutes done loading and release their own favorable analysis :)