GREY:RNKLF - Post by User
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Symbioticon Jun 09, 2019 1:11am
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Post# 29809591
Buford your eyes work
Buford your eyes workPerhaps you ought to use what might be behind them. The quartz rock no doubt has gold throughout. It is not like a paint job on the surface. I suppose you don’t handle physical much if at all. I like this stock. It’s more like a scratch and win ticket. They uncover it and it is in hand right away. Only a question of how many prizes and their size. A lot of the others surprises are drill results that are a long way from being collectable. They can fade if they don’t provide more drill results in a reasonable time. RNXs surprise can happen anytime and fast. I don’t think this is the best stock to jump in and out of when they are mining. After news a lot of stocks in this sector open near as high as it will take them. Possibly because of the limited crowd playing here. If a larger pool gets interested longer runs may become more likely. If gold goes up and stays up that will be more likely. I don’t know if they will beat it down again or when. Deutsche bank is huge in derivatives and seems on the ropes. The also took possession of a billion of Venezuela’s gold pledged as collateral and another bank did the same with nearly half that amount. I don’t know if that would move their level of concern. Oh well just opinions and thoughts is all.