Royal Nickel Corp. RNKLF

Here's a possible scenario

[Farquar]

Pure speculation on my part but maybe RNX management thinks the company is undervalued because they know something that we don't?. Maybe they have drill results that will blow the market out of the water and are purchasing the stock now before the price gets away from them? Speaking of technicals, the stock has broken through downward resistance (downward trend line) that has lasted for months, so hopefully the bulls take charge of this stock...