GREY:RNKLF - Post by User
Post by
Highwired7on Mar 07, 2019 12:07pm
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Post# 29455822
On A Positive Note....
On A Positive Note....Upcoming Q4 numbers should be strong (15M plus), coupled with drilling update. They sold roughly 20K ounces at a relatively low AISC and there is still 65,000 tons of mineralized ore on the pad, hopefully to cover 2019 Q1 production. I believe most of that stock piled ore was mined in Q4 and the reason only 2000 ounces were added in Nov/Dec is that they held the rest in reserve for 2019 Q1 production. The SP may be driven down again, but not because of disappointing results, This time around, I plan on selling at least 50% of my position on the run up heading into the ER on 3/27, and buying back after the post ER dip, "fool me twice shame on you, fool me thrice shame on me"