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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by ProfBaIthazaron May 15, 2019 4:44pm
56 Views
Post# 29750247

RE:Specimen stones

RE:Specimen stones
Selby simply cannot stop himself from overpromising/underdelivering, & telling partial truths to the shareholders, creating a false picture

Selby conf call: "HGO mill relatively-new".  Westgold annual report: "The  operating  performance  during  the  year  suffered  a  significant  set-back  as  the  original  four  stage  crushing  circuit  began  to  show  its  age  and  the  fine  ore  handling  systems  succumbed  to  the  abrasive  nature of the Mt Henry banded iron ores. The crushing circuit required significant maintenance with the impact  being  downtime.  A  decision  was  made  to  hold  the  workforce  together  and  ride  through  these  difficulties and repairs on a continuous basis."                                                                        

verypoor wrote: Wow, they have been borrowed against and money spent already. Haven't even sold them yet. Let's hope Selby didn't morgage them for his first vastly overestimated gold content or when they do sell, RNX will still owe money on them. What a mess!

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