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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by factRbeston Jan 24, 2018 8:58pm
128 Views
Post# 27428506

Cmmrcial production

Cmmrcial productionHere is the release
[url=https://www.miningweekly.com/article/rnc-declares-commercial-production-at-australian-beta-hunt-mine-2017-06-21/rep_id:3650][/url]

In it

Mined gold grades during the month leading up to declaring commercial production averaged more than 2.3 g/t, 35%-plus higher than average grades in the first quarter.


RNC expects to produce between 50 000 oz and 60 000 oz of gold this year, at net all-in sustaining costs of $1 100/oz to $1 200/oz, falling to between $900/oz and $1 000/oz by the fourth quarter. 

IT IS NOT HAPPENING AND THAT IS THE PROBLEM

More gold with out the grade is just more lost money

The solution is in the nickel as has been mined for decades even though all the previous owners knew the gold was there.

Mine nickel
Drill explor holes on the gold
Then develop a mine plan that will mine gold profitably
AS THE PEA RECOMMENDED!!!!!!!



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