Royal Nickel Corp. RNKLF

Selby And Management Should Read

[Highwired7]

From Geodan2:

What the company should be doing is telling investors what is really going on at Beta Hunt mine. The last time they did that was 2 months ago. when is was .74, now .405 OUCH!! That is a 45% crash in 2 months. They have been ignoring the stock and investors.

 

What the company could be doing is as follows. Put out a PR already on FDV.

 

"We have reported one bonanza grade drill hole 7 meters under the FDV mined section, since then we have drilled 6 more holes under FDV with one assayed at bonanza grade 10 meters to the north of first one at same depth. Drill holes 20 and 30 meters below do not show gold mineralization and the other three drill holes at 9, 11 and 5 meters as shown on map to north and south of the first drill hole show visible gold but have not been assayed yet. With this information we plan to mine a 15 meter deep by 40 meter long section under the FDV from below and we have advanced a ramp half way to that target. We expect to start mining the FDV in about 2 weeks."

 

That would tell us what is going on. We do not know what is going on and that is hurting the stock to the tune of a 45% crash in two months.

 

And the above is just one PR they could put out now with the facts, they could easily put another 3 or so PRs on other things like the Western Flanks bonanza or the drill holes that have been assayed since last PR. See no good reason to withhold all this info.

 

I look at my stocks and see a sea of green, except RNC. Oil stocks doing fantastic, but since RNC is my largest position it is wiping out all my gains on other stocks.