GREY:RNKLF - Post by User
Comment by
factRbeston Mar 01, 2018 10:01am
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Post# 27643187
RE:what do you think about nickel monthly price developement?
RE:what do you think about nickel monthly price developement?wombat4gold - (3/1/2018 8:31:24 AM) what do you think about nickel monthly price developement? hi folks! just read the latest rnc """fundamental game changing news""" announcement.
nickel price has an unlitmate death zone to get over up to minimum 15000 usd/t. and the damned correlation to copper for sure doesnt help at the moment. can you tell me anything bullish?
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Disappointed
That the game changing news was fundamental and not transformational. We all know the value of transforming!!!!!!!!!!
They did point out in simple terms the amount of nickel and cobalt. So any cobalt happy investors can now see how meaningless a role cobalt will play in getting this thing built.
Gross metal value of nickel near 700 million and cobalt 85 million.
As well they did all the work on roasting and they had an announcement not to long ago that confirmed their confirmations.
I guess next is devine intervention?????
Here let me simplify the news release, 'we are waiting for the price of nickel to rise to a point that will attract investors.'
ONE BIG QUESTION.
Why are we as RNX doing the work on Dumont. This should be the JV. How much is the JV paying RNX for all this work????????
I am betting none.
I always said the JV deal stunk.