GREY:RNKLF - Post by User
Comment by
RottenRonnie7on Jan 17, 2018 9:09am
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Post# 27375306
RE:RE:RE:RE:Reaction to the news very disappointing
RE:RE:RE:RE:Reaction to the news very disappointingi would not expect any type of 'buyout' or 'takeover' of this outfit. i'm certainly happy to see "something" happen with this company, may get my investment back someday. seriously, the new folks here, have you not followed any of the past 7 years this thing has existed? these guys are NICKEL miners or supposed be! 100 + years experience on the bench with xstrata,inco,falcoonbridge etc. this company started out with this asset, that's what got me interested in it! it has sat there literally for all this time....someone kick the door open and bust mgmt from the coma they seem to have been in? don't believe, go back through the news releases for even the last 2-3 yrs, Dumont was somethin they certainly talked about but there was nothing done except they did get it permitted. THEN, last year they sold half of it to Waterton for $35M! why would they do that? Now, wouldnt you think that just about every large mining outfit (like the ones they say are knocking now) wouldve known that little ol RNX had an elephant? possibly one of these players would've taken RNX out a long time ago if that was the case? mgmt has worked themselves into a corner with paper issues and complete misses on what they were doing...which was throwing all the $$$ they could raise at mining gold in AU. the market completely dismissed this thing...maybe now the sun has come up not sure. buyout would seem unlikely, at least to me, i've been waiting for the 10:1 rogerin!
yes, RNX kaboom
RR