GREY:RNKLF - Post by User
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pierregon Apr 16, 2019 6:50am
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Post# 29631638
RNX fundamentally strong and Warren Buffet insight
RNX fundamentally strong and Warren Buffet insightVery good post by James141492 on Seeking Alpha April 14th 2019 about RNX fundamentally strong and Warren Buffet insight:
«I think that all that is needed here is patience, but I understand that for many patience is oddly a difficult thing. We just need to get the current ' bought deal" financing out of the way and then the markets attention will at some point return to the fundamental issue that RNC likely has a massive gold resource on it's hands. More great results from the drilling program should help with bringing that fundamental issue back to the forefront in the market. At some point within a reasonable 2-3- 4 months they should also start actually mining the intersection of the pyrrhic layer and the shears of either the alpha or western flanks fault (or possibly be mining on both faults). Fundamentals should come bursting through before too long.
I say that it is odd that patience is a difficult thing for many. Time passes away the same regardless of what we do. If the situation at Beta Hunt turns out to what it reasonably appears to be, then at some point there is going to be a tremendous "day of victory" for anyone who owns or buys the stock now. Since time passes away the same regardless of what we do or do not do, it is odd (and sad ) that a simple lack of patience will likely prevent so many from standing in the winners circle on that day of victory.
I have read that one of buffet's favorite sayings is that the market serves as a mechanism for transferring wealth from the impatient to the patient. A powerful truth indeed. »