GREY:RNKLF - Post by User
Post by
Highvoltage7399on Nov 03, 2018 11:20am
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Post# 28918975
Initial Target was 60k oz per year as of September 2016
Initial Target was 60k oz per year as of September 2016 with an expanded resource of up to 1m oz and another area to go beyond that. Even though this video is over two years old I have found this to be a gem of info #1) Selby's enthusiasm is self evident. #2) E.S is already a 10% owner and then buy's even more after FDV. #3.) This is a very smart managment team and this gold find was not an accident (except for possibly living room). How did they know the gold was there? Was it the gold laden area that they were in the middle of or was it high tech computer imaging or other means? Now did they over estimate, underestimate or hit it right on the button? My feeling is E.S bought this looking for a triple but the living room changed that.
https://www.bnnbloomberg.ca/video/rnc-minerals-ceo-shows-us-a-20-000-rock~950058