GREY:RNKLF - Post by User
Comment by
uptown59on Mar 15, 2019 5:19pm
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Post# 29493928
RE:NO more Friday optimism left for RNX
RE:NO more Friday optimism left for RNXI agree with your sentiment, however I also think that investors big and small are sitting on fence, to state the obvious. I think what everyone really wants is confirmation of millions of ozs. Problem is, takes time to proof reserves and I actually think Selby is walking a fine line, we’ll call it a BreX, fineline. He’s pretty confident with what he has but until that independent proven and probable reserve is produced, it’s a gamble.
From what i’ve read and formed an opinion on, I think Mark is doing the right thing and not committing to anything other than what is tangible. The awareness that he is creating in the investment community is great for all in the long run. I’m confident that there is method to his what some think is madness. He has good people working for him and he’s letting them do their jobs without trying to force more gold out of them at the same time. I can tell you it must have been a hard decision to lay miners off even temporary, but again a hard but right business decision.
If everyone one here is here for the same thing I am, then understand waiting is the easy part. Patience will cure all
GLTAL