Royal Nickel Corp. RNKLF

RE:Geodan has just talked with company ...

[Geodan2]

Thanks Doc,  

Here is longer version.

I talked with company, they really regret the mistake on boulder content, on the question of ozs in last PR they are hesitant to commit, they agree it is not all that predictable at this time. But they expect to exceed the average investors take on what will be found in 4Q is my take on gauging their mood/confidence. My personal opinion is they will exceed 3Q gold in 4Q. It was unchanged after talking with them.

 

Something to remember the Consld Virginia Mine on Comstock was never predictable or model-able yet it made John Mackay the richest person in the world and the stock went up 10,000 times in 2 years, so not being able to model something may not be bad

 

On drilling they have one active now and expect by end of year to have 4 active drills on the new geo model, 2nd is on the way now. They will first drill to locate the sed layer and map it, then drill to find the gold, once they know where the Shear/sediment layer intersections should be.

 

I think they will have news soon. We know they are blasting and drilling and we know what happened the last time they blasted.