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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by Jimpro63on Sep 29, 2018 9:12pm
152 Views
Post# 28715943

RE:RE:ROYAL NICKEL DEBT FREE and a CASH COW!!!! NEWS TODAY!!

RE:RE:ROYAL NICKEL DEBT FREE and a CASH COW!!!! NEWS TODAY!!
Jimpro63 wrote: I believe this News release 3 days ago pretty much sums things up for you ....
Jimpro63 wrote: THIS IS INCREDIBLE NEWS TODAY !!!

These exercises delivered a total of $8.4-million in additional cash to RNC. This infusion, in addition to the $38-million in cash to be received from the sale of the previously announced 24,000 ounces of gold recovered from the Fathers Day vein discovery, will allow the company to repay all of its debt and achieve a substantial net cash position. This cash is expected to fully fund all corporate activities for the foreseeable future, including most importantly the upcoming exploration program at Beta Hunt




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