RE:RE:RE:RE:RE:Latest 43-101 - a questionmarben100 - (9/18/2018 3:11:02 PM) RE:RE:RE:RE:Latest 43-101 - a question Thx. Already looked on SEDAR and can't find an NI 43-101 since April. Will contact the company directly. Agree 100% that they need a proper explo programme to generate shareholder value. No excuses now with the cashflow generated from these recent finds.
I am new to this company and when I first looked at it, after reading about their new discovery, was astounded to find that, as you say, they've been "mining blind", without a proper resource model. Never come across a company doing that before.
With $10m you can do quite a bit of underground drilling and development.
I'm taking a small punt that there is more to be found, but it remains a punt until they've actually proven something.
Thanks for sharing your honest experience of being invested in the company, even if others don't appreciate it.
Best,
Mark
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No problem.
This pause in the share price is healthy and any INVESTOR would know that.
As I said earlier all the data they have they bought so all the known reserves in both nickel and gold were determined by the previous owners.
Interestingly, the gold in reserve. RNX has never touched. The grade is too low so they chose to blind mine instead.
Interesting thing about the nickel in the area.
One of their neighbours boast of 17% nickel on the faces.
That is 2000 dollars a ton.
People shouldn't sell Beta Hunt nickel resource short.