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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by Geodan2on Feb 05, 2019 2:29pm
405 Views
Post# 29321905

Huge News, Sprott buys another 1.35 million,what it means

Huge News, Sprott buys another 1.35 million,what it means Huge news, which most RNC investors are likely unaware of, unless they watch stock boards. https://ceo.ca/api/sedi?insider=&symbol=RNX&date=&transaction=&amount=&undefined%5Bcompany_symbol%5D=RNX Looks like another 1.35 million shares on Monday after 1 million on Friday.

Sprott is bigtime buying RNC on open market, most impressive. he may trigger a short squeeze thru doing these buys, both the demand and the scare factor. The shorts have to be asking themselves "what does Sprott as an insider and billionaire know I do not know?"

Very scary thing for shorts to mull on. Gets back to one of my favorite quotes that totally applies to the stock market, even though is 150 years old and a battlefield quote. "From the Personal Memoirs of U.S. Grant - …I received orders to move against Colonel Thomas Harris, who was said to be encamped at the little town of Florida, some twenty-five miles south of where we then were. … As we approached the brow of the hill from which it was expected we could see Harris’ camp, and possibly find his men ready formed to meet us, my heart kept getting higher and higher until it felt to me as though it was in my throat. I would have given anything then to have been back in Illinois, but I had not the moral courage to halt and consider what to do;

I kept right on. When we reached a point from which the valley below was in full view I halted. The place where Harris had been encamped a few days before was visible, but the troops were gone. My heart resumed its place. It occurred to me at once that Harris had been as much afraid of me as I had been of him. This was a view of the question I had never taken before; but it was one I never forgot afterwards. From that event to the close of the war, I never experienced trepidation upon confronting an enemy, though I always felt more or less anxiety. I never forgot that he had as much reason to fear my forces as I had his. The lesson was valuable."

There is a big difference though, RNKLF shorts have much more to fear than the longs, the list goes on and on,
1. Longs get 75% interest, Shorts pay about 150% interest, which has more staying power? Who has time on their side?
2. Who has more to fear from news? The initial gold strike caused a 15 bagger and fast. No news has crushed Longs, a hint.
3. Who has more to fear from a big player, is there a billionaire on both sides or just one side?


Recent filings
Filing date: 2019-02-04
 
Transaction: 2019-01-30
$RNX 
Royal Nickel Corporation
Sprott, Eric S.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$417,671.10 
+676,500 vol 
$0.6174 each
47,913,542
Filing date: 2019-02-04
 
Transaction: 2019-01-30
$RNX 
Royal Nickel Corporation
2176423 Ontario Ltd.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$417,671.10 
+676,500 vol 
$0.6174 each
47,913,542
Older filings
Filing date: 2019-02-01
 
Transaction: 2019-01-28
$RNX 
Royal Nickel Corporation
Sprott, Eric S.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$252,000 
+400,000 vol 
$0.63 each
47,137,042
Filing date: 2019-02-01
 
Transaction: 2019-01-29
$RNX 
Royal Nickel Corporation
Sprott, Eric S.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$63,000 
+100,000 vol 
$0.63 each
47,237,042
Filing date: 2019-02-01
 
Transaction: 2019-01-28
$RNX 
Royal Nickel Corporation
2176423 Ontario Ltd.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$252,000 
+400,000 vol 
$0.63 each
47,137,042
Filing date: 2019-02-01
 
Transaction: 2019-01-29
$RNX 
Royal Nickel Corporation
2176423 Ontario Ltd.
3 - 10% Security Holder of Issuer
Common Shares
10 - Acquisition or disposition in the public market
$63,000 
+100,000 vol 
$0.63 each
47,237,042

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