GREY:RNKLF - Post by User
Comment by
uptown59on Apr 06, 2019 8:25pm
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Post# 29592740
RE:Royalties
RE:RoyaltiesArh, obviously your obsessed with painting RNX negatively. Royalties are what they are. Any miner, oil producer, all resource company’s, doing business in foriegn countries pay royalties, regardless. Copper miners in central and South America pay more.
I would bet that you could not hold onto your RNX shares, weak hand, sustained a loss and now sour grapes, the addition of the mill just took care of the royalties plus, and when the price of gold sustains above 1300us, RNX will show 40% margin, which for a gold miner is huge.
i’m steady, firm hand, been here just a few times before, not trading, just investing in high risk opportunities and hopefully reaping rewards down the road.
GLTAL