GREY:RNKLF - Post by User
Post by
he11110on Jul 11, 2017 9:52am
162 Views
Post# 26454722
What's wrong with this stock?
What's wrong with this stock?To my novice eyes, RNX looks like a good deal. It's trading way below book value and stands to gain a lot if either the Beta Hunt mine turns out well or if the price of nickel rises enough to make the nickel mine in Quebec viable (which, I thought I heard was made more likely by the new government in the Philipines.
Obviously there are enough drawbacks to make these things moot (if they are even correct). I'm just wondering what the are?