Royal Nickel Corp. RNKLF

RE:RE:RE:RE:RE:RE:Something is not good for RNX

[factRbest]

These guys could be mining nickel at Beta for a near 100% margin.
They now have 2.5 to 3 quarters and the cash buffer afforded to the beta disaster by Reed will be gone (that's the thing).
While they brag about 5, 6 and 7 g/ton reserves they keep on processing 2.5 or less g/ton ore.
Some guidance with regard to improving grades would go a long way but all there is is silence.

Too bad shareholders chose to trust them then ask answers.
Who knows if enough demanded answers they might have changed direction.

Why they insist on running this thing into the ground I will never understand.
They have set themselves up with cushy jobs in Oxford and the Dumbmont JV  though.