Royal Nickel Corp. RNKLF

Compare RNC to most profitable Cannabis stock, no comparison

[Geodan2]

Searched and Aphria is most profitible pot comapny they say. It has a 77 PE and a $3 billion market cap and is growing 50% a year (tiny compared to RNC).  For the last Q it had $12 million in rev and a $5 million LOSS


That is the most profitible pot company in this article https://www.fool.com/investing/2018/08/19/3-most-profitable-marijuana-stocks-right-now.aspx

In the 2 weeks we know of RNC has generated about $30 million in rev and about $25 million in pretax profit and is likley the fastest growing company in the world. 

There is no comparison, if one were to rationally asign a ratio of value, RNKLF would be worth about 25 times more than APHQF, but today RNKLF mkt cap is 1/10th of APHQF, that is a market misvaluation of 250 times. 


And that is the safest maybe least overvalued cannibis company there is, with others RNKLF would be worth 100 -500 times more to a real business person, yet may have 1/10th the mkt cap.

One year from now people will be on TV will be musing over why was RNKLF only up 10 times on teh strike  3 weeks later when it should been up 20 times + by then.

Markets do super irrational things like this.   Those that are able to look at RNKLF for where it will be instead of where it is now to quote Grezky will be rewarded.