GREY:RNKLF - Post by User
Comment by
idleintruderon Nov 01, 2018 12:09pm
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Post# 28908509
RE:chart!
RE:chart!ETF: Re: ". . .this company is getting solid."
I respectfully disagree. Nothing is solid here. No stability until and unless they prove tonnage. We've got eye candy right now. Nothing more. It's unlikely that a major would buy out a junior with just 35,000 ounces of proven gold; up it to 100,000 ounces and still no buy out. Load up a truck with gold; tell the world : "see the big, pretty gold"; amazement, yes, but no offers.
Dig up more living rooms of gold with a 3 million ounce resource estimate; then you 'll hear: "Oh, happy days." Not before.