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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by actionguyon Oct 27, 2018 8:24pm
143 Views
Post# 28883186

RE:Sprott audio link, see it a positive on RNC

RE:Sprott audio link, see it a positive on RNCalways enjoy your posts geodan,nice to have an informative poster here ,stating things with actual facts and not just aimless pumping.   funny how sprott is now becoming a believer,so before believing,he plunks down i dont recall how much $$ at .46 to become a more than 10% owner of all the shares outstanding.   buy shares early and figure it out later i suppose the thought process.   My interpretation of the nr wording was that of ashell game. They missed on the previous prediction of "a minimum of 30-35kozs at FDV main area".   so,the oct 24 nr states "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".   They try to incorporate the same high end number of 35,000ozs into the oct 24 nr,in an attempt to create confusion in an attempt to lessen the expected selloff and sp retreat.  IT DID NOT WORK.   Infact,now theyve created a feeling of mistrust,which is certainly how i feel,and im holding quite a few shares at an avg of .64.  all in 1 nr,im not feeling like i can trust them.  Thats pretty bad imo.   anyways,they should say nothing about "substantially more than 35kozs" along the 540 meters,once again,they are predicting a number that can only hurt them.  Do companies ever predict " we hope to drill 1000 meters on this virging soil and expect to come back with 7g/t average????     no,they do not,cuz if they come back with .06,which is exceptional,the sp will drop.   Just shut up rnc about predicting,just mine and drill and report,the market will determine whether its good or bad and whether the sp should rise or fall,so much is priced into the .70 sp already,just work the ore,mine and drill and report. 
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