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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by actionguyon Oct 24, 2018 9:10am
128 Views
Post# 28862544

nr on tmx money

nr on tmx moneygo to tmx money to find nr.   heres the news release portion that predicted 30-35,000 ozs minimu from fathers day vein.    now today its dropped to 27-30,000 ozs from fathers day vein.  they over estimated by 3-8000 ozs,i dont think the market is going to like that .   its a mixed bag of news,and its hard to determine how great of news it is for todays share price. we could go to 1$ or down to .70.. october 10-With a minimum of 30-35,000 ounces expected from the Father's Day Vein area, the company will be in a substantial net cash position to fully fund its upcoming activities.      todays nr =  RNC now expects 27-30,000 ounces of gold from the immediate Father's Day Vein area and substantially more than 35,000 ounces from the 540 metres of A Zone sediment structures identified to date..    selby overpromised on fdv total ounces,bottom line. 
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