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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > Call me crazy
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Comment by factRbeston Sep 12, 2017 9:15am
186 Views
Post# 26683819

RE:RE:RE:RE:Call me crazy

RE:RE:RE:RE:Call me crazyMarkAble - (9/11/2017 11:29:40 AM)
RE:RE:RE:Call me crazy
Well the 4traders website has an analyst 1 year target price of $0.85 which is in keeping with my estimate.
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I would love to see the numbers to get to 85 cents.
My numbers get to solvency.

I just watched a BNN inverview of an explorer that just bought a producing gold mine.
In the interview the CEO was asked about the high AISC of the operation at 1200.00/ounce.

The HIGH COST

Beta has an ASIC of 1700+/ounce.

So unless you are giving many muliples in an evaluation for the company statement that cost will drop with more prduction I can't see where anyone get a + four bagger on this one.
Especially when the grades are no where near what was stated in the PEA. Translation, more rock and less money.

You want to see this at 50 cents.
All RNX has to do is announce they are going after the Beta nickel as well as the gold.

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