GREY:RNKLF - Post by User
Comment by
Jimpro63on Dec 12, 2018 1:21pm
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Post# 29104335
RE:Don't rule anything out with Royal Nickel/Beta Hunt Mine
RE:Don't rule anything out with Royal Nickel/Beta Hunt MineJimpro63 wrote: Conclusion
The bottom line: We're entering a period where gold demand is increasing but where it's also much harder to find thanks to lower production targets and declining asset quality.
Generally speaking, junior gold miners are a risky proposition, but they offer incredible returns due to their leverage.
Companies that have a greater chance of making a discovery will fetch higher prices. So, too, will quality deposits with robust economics.
Consolidation is ramping up, as well.
Larger world-class miners are looking to scoop up profitable assets while they're still cheap. We've already seen some acquisitions this year and more are likely to follow.
Just remember: The most successful prospectors aren't interested in mining their shareholders' pockets. This is often because they're large shareholders, as well, which means that management isn't interested in frivolous spending or dilution. Skin in the game is important. And so is experience.
There are good deposits out there. It just takes time and research to find them.
If you can weed out the 99% of companies that will never mine or sell anything, then you have a good shot at harnessing the most explosive upside this segment has to offer.
A Company like RNC will play a pivotal role in this emerging opportunity.
Don't miss your chance to take part.