GREY:RNKLF - Post by User
Comment by
MiningMonsteron Aug 18, 2011 12:05pm
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Post# 18956353
RE: RE: RE: accumulate now?
RE: RE: RE: accumulate now?Very compressed valuation here, trading at 8.6% of the independently evaluated Net Present Value of the project given to us by the company. Their assessment uses $7.50 NI price and 8% discount rate to arrive at 1.1bn NPV. I think its a good opportunity to buy at the tail end of the summer sell off.