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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by touaregon Oct 04, 2018 12:51pm
221 Views
Post# 28745640

A little advice from an old speculator

A little advice from an old speculator

Why on earth would any sane speculator with even half a brain read the kind of drivel being churned out on this board?

Really there are probably about 2 or 3 posts per 100 that are worth reading here and even they are info or insights you don’t need this board to find out about.

Anyone who is not familiar with how the exploration game gets played out should not be investing in a stock like this unless you have money to throw away in order to learn your lessons the hard way.

Look at any chart of any exploration company that has ever had a significant precious metal discovery and you will see that what is happening here is perfectly normal.

This is the world of PM exploration, huge swings are the name of the game. If you haven’t got the stomach for it go and invest in a FAANG stock.

And wake up to the fact you do not need this board AT ALL to make money in this game.

I am only here because I am a decent sort of chap who has a little time to spare because I am retired, much thanks to some speculating of my own, in particular ATAC resources that I bought early 2009 for 8 cents.. it ran to over $10. That is what can sometimes happen but you have to relax about all the big noise on the way up and sit on your hands. 

Find the real good people that ARE worth listening to and read up on them, like Jesse Livermore for example.

I have a few shares in this stock but no more than would cause me to lose any sleep if it went to zero.

There are other stocks I have some serious money in that also have massive potential but far less risk. Don’t ask me for names I hardly read any of the posts here, you can see the stock boards I post on.

Just a wee bit of friendly advice.. and btw I think RNX has a good shout at being a monster find.. that story will pan out as the company continues exploring the mine regardless of what the stock price does in the meantime.

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