GREY:RNKLF - Post by User
Comment by
factRbeston Sep 12, 2018 10:34am
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Post# 28604319
RE:RE:RE:RE:FEB 2018
RE:RE:RE:RE:FEB 2018SoapD1sh - (9/12/2018 10:25:02 AM) RE:RE:RE:FEB 2018
Hi fRb, you clearly have more experience with this company than most of us. You've seen it at its worst and I believe you're still holding shares. We all want to see this company prosper and I agree that management's decision making in the past was hard to get behind with confidence. This new discovery is a game changer though. Being a long time investor, what would you like to see the company do at this point to drive the share price higher. Split then JV?
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My big issue is what I never heard.
Drilling.
I have heard it from some analysts but not much for the people that matter.
People think this is a conventional seam deposit that will run for 100 of meters.
It is not.
I posted back in 2016 that the gold is spotty so you can't just use continuous mining.
They need. No, they should have drilled the cr@p out of the property. located the high grade zones then shafted to them extracted the ore and moved on.
I have read everything on this even from the previous owners.
FYI - they all knew the gold was there. They also knew it was hard to make it profitable.