Royal Nickel Corp. RNKLF

RE:RE:RE:This Company will Need to issue some more Private Placements

[xsnrg]

Great post.  I agree 100%.  Your shareprice is your currency, It dictates what paths are open to you in the future.  These guys have treated their stock like toilet paper and they are slowly flushing my money down the toilet.   Not happy. 

gullible1 wrote: IF they dilute more AT THESE PRICES, then we are doomed. We'll never recover from that. They need to keep dripping good news out so that the price can recover before they go looking for more money.  They WILL go looking for more money eventually.  
I'm not sure this management understands how this game is played. If the price goes low enough, it won't matter to most investors what is in the ground. We just know that some big guy will come by and buy them out at a price far below what most of us bought in.  Mining is just a horrible business. Quite often, investing in mining stocks is a heads I win, tails you lose proposition (with us retail suckers in the no-win position). If we lose, we will lose our money. If they have something, some big guy will be sure to buy the whole company for a premium (but for less than most of us bought in). 
I purchased various mining stocks that were down 75% and at multi-year lows and STILL lost money. This is my last foray into mining stocks. I suspect this management will find a way to clutch defeat from the jaws of victory. Let's be honest. The typical mining company management is not fit to run a dairy queen stand. This particular management cannot even keep their billionaire investor who owns tens of millions of shares happy. They managed to get the price BELOW what he bought in at. LOL