Royal Nickel Corp. RNKLF

Beta hunt mine

[arh0070]

I have found it fascinating to research the betahunt ,RNX,goldfields and maverix .Just prior to the Father’s Day vein discovery the beta hunt was for sale and according to reports it was a few days away from being sold (it would be interesting to know the sale price and to whome)when they hit .Apparently it was foot dragging by the buyer that delayed the sale.In the past the beta hunt was closed because it was not profitable to mine the nickel or the gold .Notwithstanding that, the Father’s Day vein find was spectacular and historic ,there may have been similar finds in the beta hunts long career .So I am actually moderately optimistic about this mine ,it has good infrastructure which would be expensive to replicate .
The question then becomes ;who will benefit from this mine ???will it be the small investors in RNX,the insiders in RNX ,Maverix who holds the big royalty ,or someone else in the future if RNX cant keep selling paper and cant afford to run the mine and the sublease payments to goldfields .
I have made up my mind ,the cheerleaders would have you believe, its the little guy investing in RNX.
In my long experience with small mining stock investing ,99 times out of a hundred the little guy looses money ,especially those that listen to the cheerleaders and dont do thier own due diligence .
the current investment environment in small golds other than the royalty stocks is very difficult .Hopefully sometime soon thePOG will rise and we will have another bull market like we had 25-30years ago ,then even the share price of RNX will rise .