Royal Nickel Corp. RNKLF

Good Read From Another Board...

[CanInvestor101]

@lbcot wrote to @geodan "RNX has a management team which is more used to keeping the lights on than to moving ahead. “Thin” would be an appropriate description of the upper echelon." While I agree with this to a point, I do think management has been making some good moves, despite the obvious stumbles along the way. First, let's keep in mind that they sussed out the potential value in BH prior to running into cash problems, and thankfully they have since hit paydirt and confirmed their model prior to having to turn the lights out. Credit where credit is due. They are clearly thinking more long term than short term, with a comprehensive drilling program and taking steps to turn BH into a long term producer with room for growth in the surrounding area, based on their increasing understanding of the nature of this play. Haven't they brought on board a world-reknowned mining engineer specializing in the conditions at BH? Also, from what I can gather, they are designated operators for Dumont, so these guys can't be dummies. That's just my naive two-bits. Would like to hear others (especially those more knowledgeable than I) chime in on the strengths and weaknesses of RNX management.