GREY:RNKLF - Post by User
Comment by
factRbeston Jan 23, 2019 12:07pm
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Post# 29270806
RE:What academic credentials does Mark Selby have
RE:What academic credentials does Mark Selby have las5513 - (1/23/2019 11:06:12 AM) What academic credentials does Mark Selby have to be the CEO of a mining company, does he have a degree in geology or an MBA in business or is he just a stooge that got thrust into that job.
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Regardless.
They hired engineers to do a PEA on the property when they bought it.
The engineers told RNX and Shelby to continue mining nickel and drill to prove up the gold.
Instead Shelby shut down nickel mining and then started mining for gold with no real known resource. What I refer to as blind mining.
They ran the share count to 550+ million from about 160 million. As well as sold off many assets
If they would have listened the mining engineers this last news release even without the FDV would have resulted in a market cap much higher than it is today.
FYI
He has a bad habit of exaggerating to the positive. Plot news and videos against the share price and you will see Selby hyperbole pop followed by news and a hard drop.