GREY:RNKLF - Post by User
Comment by
metalsrockeron Nov 11, 2014 10:36am
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Post# 23116921
RE:RE:RE:RE:Hey royal time to go shopping
RE:RE:RE:RE:Hey royal time to go shoppingThanks for the reccomendation. RNX has lots of insider buying which is very positive. Westhaven's president and cfo appear to buying lots of stock too. Westaven looks alot riskier than RNX though but they have also only just made that nickel discovery. So the risk there would be 100% of my money invested. What is my risk in RNX? What happens if nobody snaps up this project? Down 50%? It will be tough to get money for them alone to build the mine. What's the upside here if they do get bought out? A double or triple from here? What's the upside for whn from here? ten bagger? 20 bagger? Maybe Sherrits the way to play nickel. They are likely a double from here but are probably near the bottom of their downside and they are cash flowing. I think I'll spend a little more time kicking tires. Any reason the resource sector sell off is likely to stop before tax loss season finishes?