GREY:RNKLF - Post by User
Comment by
factRbeston Mar 22, 2017 4:01pm
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Post# 26016171
RE:RE: factRbest
RE:RE: factRbest goldinontario - (3/22/2017 2:01:39 PM) RE: factRbest factbest...if you are truly long (I have my doubts), then my best advice to you considering your negative views of everything that RNX does, is to sell and take your losses. No sense beating yourself up everyday,
From my standpoint, (andI have only recently bought in), I think things are going well. We now have a 50% stake in a nickel company that has a giant nickel project (for the future) and lots of cash to pick up cheap nickel projects.
We also have some cash, a couple of gold plays and ancillary assets....all for the low prices o 33 cents when someone has just put a price tag on our curren Dumont stake of 20 cents.
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You believe that buying a gold mine that loses $150.00 every ounce is positive.
Positive is the opposite of negative
You believe selling 1/2 of Dumont for less that what was spent on exploration with no advancement of Dumont is positive.
positive is the opposite of negative.
Funny thing is. Months ago I said they would lose Dumont and that is what has basically happened.
Disagree with this I will go away.
With this deal or the origninal 100% owership Dumont does not get devloped until nickel rises.
Therefore RNX could have sold 1/2 then and gotten a lot more.
Disagree, but tell us why.
The only thing this deal did was create cash to try and salvage the money pit call BETA.
Sorry the positive money pit called Beta.
RNX screwed up buying BETA and anyone who disagrees is either a liar or a fool.