Royal Nickel Corp. RNKLF

RE:Mixed-Grade Analysis Update

[johnny007]

No wonder this stock might go below 40 cents, with 4c EPS annually for only a few years resources left even a 10 multiple is too high in this case. Everything else speculation on this high grade gold.

Adding the stock promotions https://www.stockhouse.com/companies/bullboard?symbol=t.rnx&postid=29007253
and the ever downsized expectations (shear zones from like 12km to 4km, specimens become smaller and overall gold findings all of a sudden lose at least 5000 ounces).

Of course, they needed the hype to cash in on all the warrants, how much worse would have
the last quarter looked like?

Surprise: A junior miner overstates expectations and later on pulls back. That is the reason for this big plunge after the original hype.

Good luck.