GREY:RNKLF - Post by User
Post by
Farquaron May 08, 2020 4:31pm
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Post# 31005215
Big buyers stepping up
Big buyers stepping upSomething is up! Could be any number of reasons for this big surge in volume and price. Here are my speculations: 1) The market is sniffing out that RNX is the next takeover target. 2) The market is beginning to rectify the undervalued situation of RNX and may quickly re-price this stock to ..60, .70, .80 , .90 etc.in the coming days. 3) The market is pricing in a big leap in the Gold price in the near future, like to 1800$USD -2000$USD 4) One or more new big institutional investors have bought alot of shares.. 5) A big Gold company has begun taking a position in RNX in order to begin the process of buying it out completely. 6) RNX new drill results are spectacular and possibly implying that they are sitting on a yet undiscovered multi-million ounce deposit. 7) RNX has finally resolved the royalty problem with MMX.. 8) RNX has bought millions of shares. 9) RNX hit another gold bolder at Beta Hunt. 10) Serious large Investors, who have been on the sidelines, finally believe that RNX is proving that it is becoming a legitimate, long term , profitable producer and so have finally committed to entering large new positions into RNX. Just my speculations, feel free to add more , I have probably missed a couple ..lol