GREY:RNKLF - Post by User
Comment by
Aubreyon Nov 19, 2018 12:56am
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Post# 28992651
RE:RE:No debt and 50 million in cash go ahead sell your shares
RE:RE:No debt and 50 million in cash go ahead sell your sharesA quote from the MD+A, ".With cash and cash equivalents of $18.8 million as of November 12, 2018"... plus the premium for the specimens when they are sold. Regarless it will take a couple more quarters to see what their run rate is. We will see if their enhanced understanding of the gold deposit pays off long term which is what matters. The super high grade discovery distorts the financials and the expectations, so it's hard to know what happens next.