GREY:RNKLF - Post by User
Post by
PulseOn54on Nov 13, 2018 12:06pm
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Post# 28965748
It's a Spec Explorer Still
It's a Spec Explorer StillI've seen this scenario many times before. RNX is still an explorer, with a very impressive discovery so far. It was marketed as the next 'big' discovery. They still have a long ways to go to prove up any significant deposit. I've heard that the 'geological' indications are not that promising at this time.
It's still early in the game, but this may in fact be a 'one time' impressive boulder, with no other gold to be discovered. Time will tell. It will be interesting to know who is buying and who is selling. I have not seen any big buys recently by any insiders.