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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > Sprott's moskito ...
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Comment by RookieInvon Jun 09, 2019 11:25pm
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Post# 29810628

RE:RE:RE:RE:RE:Sprott's moskito ...

RE:RE:RE:RE:RE:Sprott's moskito ...Sprott owns a lot of shares in RNX so he has no reason to say anything negative without reason. Like he stated they only pulled a thousand ounces out and have a huge debt which he is concerned about. It jumped 20% because of a thousand ounces (which was an estimate considered to be +10% to -25%) and it's valued at $260,000,000 so I for one can understand why he said that. With a debt of $203,000,000.00 I doubt a thousand ounces would warrant a 20% increase.
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