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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by 9rookieon Sep 23, 2018 1:25pm
236 Views
Post# 28673285

RE:Share structure

RE:Share structure
alphabetting wrote:   First off they have 477m Fully diluted. ( refer to investor presentation)

477,000,000 x .56 = $267M market cap

Novo

160,520, 000  x $4.08 = $655M market cap 

Garabaldi

107,360,000 x $2.86 = $307M market cap


Now when you consider the 28% in Dumont,  as well as the 35% stake in Oxford mining you see this  isn’t just a one trick pony. Dumont is the second largest undeveloped  silver mine in the world and eighth largest cobalt mine. PLUS both are fully permitted and shovel ready!!!

Any big dog with half a brain knows they can buy these guys out with the safety net of a world class silver-cobalt mine and the potential of a a major GOLD mine at Beta HUNT. Just crunch the numbers folks it isn’t rocket science.  Do you know how much risk they’ve taken off the table having Dumont?!? NVO and GGI 5-10 years away  by the time all of the permitting and feasibility are done. 

Dumont could be operational in only a couple years as the could starts construction immediately while continuing to shore up the giod asset at Beta Hunt. Then once Dumont is up they use the funds to get BETA up and running. 

This is the opportunity of a lifetime for a big company to get TWO WORLDCLASS ASSETS that’s very low risk. These opportunities don’t exist in this space. It’s embrrassing this is still at .56 Just shows you how corrupt big investment guys really are to be able to manipulate this. 

I guarantee they could find $1B of gold without even trying which would mean someone could buyout RNX for at least that and get DUMONT for virtually free. NO BRAINER!!




Dumont is nickel cobalt .
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