Royal Nickel Corp. RNKLF

Compelling numbers

[burlington2]

So stockpiled ore increased by approximately  14000 tonnes.   This could be anywhere between 3.9 g/t to 14.7 g/t or  1700 oz to 6400 oz extra stockpiled. If we assume that the previous 70000tonnes at the end of  September had 3.9g/t then total stockpiled oz would be 10500 to 13900. Also if they are able to mill 500 000 tonnes and firm up @ 9g/t then next year would yield 144000 oz, milled.  Add on top of that course gold and you will be north of 200000 oz.  The numbers are starting to look very compelling.  If shares are still cheap in a month we could see a share repurchase plan if management believes it's the best way to create shareholder value.  Then they could reissue shares on axe latter at a much higher price if needed.