Royal Nickel Corp. RNKLF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Patience???

[SeaOfSand]

yeah, and they are working on finding and proving more high grade gold as they go


On 9/28 Selby @ Midas Letter about the weeks ahead
at 5:31 https://youtu.be/ynRMXXeJ0qo?t=331

05:59 to mine in that area and so we'll just
06:01 mind my mind in that area and then on
06:04 our a zone and western flank structures
06:06 we're gonna mobilize we've got one drill
06:08 coming next week and we'll continue to
06:10 add drills through the fourth quarter
06:12 and it'll be just a matter of drilling
06:14 these structures off to build out the
06:15 resource so you know we're quite excited

(shameless crosspost, I know)

Bottom line - and I agree - many ppl may need a better proof as they have now.
Or they have enough proof, but were not able to communicate it properly
other than 'puking gold' (Eric Sprott)
What will be good enough to accept the resource model besides continuously finding more gold?
Situation here is that they mine and dig out gold within this exploration mining process,
which is not so proper - not having the preemptive NIXX-YYY paper report.

So we are traded around just 35c on the loony or less for now,
but with every step towards a more confident opinion here it should run up.

Ignoring the previous BK valuation of 8c, which has been settled now with the findings,
amusingly 50c is for Dumont's value and Beta Hunt is just below 30c here.
Given all the circumstances, I would say C$1.50 is a fair price at the very moment.