GREY:RNKLF - Post by User
Comment by
ProfBaIthazaron Apr 30, 2019 10:28am
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Post# 29688299
RE:RE:Pierre told us the last week
RE:RE:Pierre told us the last week-2.25% pierreg wrote: Insightful post by kTm on Yahoo April 24th 2019 after talking with the company:
«I talked to upper management from Royal Nickel via email like I suggested others to do. I will copy and paste the reponse...
"We have a number of things in the pipeline, so the news flow will definitely pick-up. Expect a drilling update in the near future (early next week). Due diligence on the HGO acquisition is ongoing and a decision on the option to acquire the mill and associated property package (including the existing gold reserves/resources and mines) is due soon. We also have the Beta Hunt resource update later in Q2 which will be followed by an updated mine plan for operation. So there will be a busy Q2 with respect Beta Hunt".
"Additionally, the feasibility study update for the Dumont Nickel-Cobalt Project will be issued in Q2. This is the largest undeveloped nickel reserves in the world and one of the largest battery metals projects. RNC has a 28% stake in the project and is the operator. We believe there is significant value to be realized from Dumont in the right price environment"».
I cannot be deemed responsible for what cannot be controlled.