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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by Goldnboy1on Oct 23, 2018 3:04pm
556 Views
Post# 28858724

RE:RE:RE:News coming CEO said

RE:RE:RE:News coming CEO saidHe isn’t speculating. The Monday NR said reasoning for delays and that we would get results this week. 

The fact they are doing a Wednesday/Thursday/Friday NR tells you they have something. Most companies with good news do it Thursday’s to get their stories easier into Saturday papers. 

My gut tells me Thursday morning will be our time. 

We mined 20,000 ounces in barely 10 days following discovery. 
We had 10 days left in quarter following that disclosure. 
We had a full quarter of low grade which likely represents 8,000-12,000 ounces. 

Napkin math goes like this 20,000 + 10,000* (*+/-)  + Unknown = Unknown. 

Pretty safe to say a minimum of 30,000 ounces is to be expected. 45,000-60,000 is well within a reasonable range. 

Due to high grade nature of the material. It can’t be ignored that it is just as likely to hit a bonanza as big or bigger as has already been hit. As it is likely to hit absolutely nothing. Given the pictures and comments online arising from Mr. Small. It’s safe to say subsequent blasts where successful in obtaining several more and possibly bigger gold boulders. 

I would say it’s more likely they will be nearer to 60,000 ounces and possibly more as it will be that they produce 30,000 ounces. 

I also think the polished specimen image making its rounds is already sold and could be a measuring stick for what our specimen value is. That will help speculators gain even more confidence in the specimen potential. 

Time is right to be patient! Our day is coming!!


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