GREY:RNKLF - Post by User
Post by
Jimpro63on Nov 18, 2018 11:44am
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Post# 28991222
Like " GreenArrow " posts on ceo.Royal Nickle
Like " GreenArrow " posts on ceo.Royal NickleWhy would you accept a " low-ball " offer for RNC ( Beta Hunt asset ) when your basically Debt Free and now Mining Gold for increasing Profits ( over $ 18 Million dollars sitting in a WAR CHEST already as of the end of September and growing ) ... No need for financing anymore.. You are able to expand resources while continuing to mine Gold at a profit ( the odds are in favour of a few more Father's Day Viens )
Start using the $$$ War Chest to start also developing the Dumont Project to take advantage when Nickle prices start to soar again !! No Commodity stays down forever!
THEN , do a spin-off of Dumont to existing Shareholders ( special Dividend ) on a 1 share for every 10 .. Dumont could then do it's own Equity issue to support it's self ( Debt Free ) AND Current Shareholders will be laughing all the way to the BANK !!
I think I love this Scenario now.