GREY:RNKLF - Post by User
Comment by
SuperDeeon Dec 06, 2018 12:37pm
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Post# 29076600
RE:Kirkland Lake Gold's Aussie operation breaks record
RE:Kirkland Lake Gold's Aussie operation breaks record
Kirkland Lake Gold has 200 million outstanding shares and they forecast 300,000 ounces of Gold. Their share price is $30. Selby says RNC could be a 100,000 ounce of gold/year mine and there are 400 million shares outstanding. By rough comparison RNC could be worth $5 per share! We should know this when the resource update comes out in the spring, and could get more clues of this possibility when we get drill results this month.