GREY:RNKLF - Post by User
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Geodan2on Sep 28, 2018 11:08am
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Post# 28709349
RE:RE:RE:Napkin Math
RE:RE:RE:Napkin MathJimpro63 wrote: The flip side of the coin is .... With the appetite of the Majors ; do they take the gamble and wait for Royal Nickle to prove up 10 years ( cost them 10 times more to buy-out RNC ) and be like the previous buyer of the Beta Hunt Mine who is now kicking themselves for "nickle and diming" and lost out BIG TIME ....
NEWBIEVESTOR wrote: At 90% profit margin the cost to produce here is significantly less than KL.
But also RNX needs to prove up the resource to reach that high of a valuation. Need to know if we have 1 year of high grade or 10 years
Correct, everyone who has waited has been burned on this one I told a lot of people aboiut it at .15 to .20, and very few bot it. There is no known eveidence that this will not be very profitible, but the news is too good for many to digest, what taht way at 9,000oz, then a 24,000oz and will still be too good to digest at 50,000oz and 100,000ox, maybe at 250,000oz will it start sinking in to those that have never seen something this good before.