GREY:RNKLF - Post by User
Post by
Axe5555on Sep 26, 2018 1:59pm
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Post# 28694714
sharing a post I read
sharing a post I readCurrent capital Structure, ignore all the bs floating around, read the 10k filings and public stmt from CEO
Shares out: 400 million
Net Debt 0,
Net Cash 37 million.
The cash doesn't include the on going gold discovery above the 24000 oz of last week, they extended strike twice and now have found the vein of level 14 which is being mines, in 10 meters they found 24000 oz, thats 2400 oz a meter, now the strike in 200 meters, even at a 10th of that the regain 190 meters would yield another 45600 oz or an additional 70.7 Million dollars, basically .25 per share in cash with the exploration upside and ability to fund Demont.
That's from just 1 Vein. 1 Vein.
What are shares worth, or company......800 million, maybe $2 a share maybe more