Royal Nickel Corp. RNKLF

RE:RE:Kirkland Lake could make a Potential bid for RNC

[ProfBaIthazar]

petersburggray wrote: Huett got top dollar from Hecla for Klondex so i also suspect that RNC is in merger play right now ( notice in PR huett is referrered to as interim ceo and there is no mention of recruiting a permanent replacement) and Selby is out because he wanted RNC to remain independant. From his commentary on his weekly podcast, i dont think Eric Sprott was at all pleased with Selby leaderships and now that Sprott is no longer on BOD at KL, KL could buy out RNC without there being a conflict of interest...however there are also other gold miners that could be likely suitors and drive up price like Alexandria minerals. Time is of essence for RNC acquisition since potential acquirer would want to move fast to get best deal possible becase with increasing gold price acquisition could get more expensive quickly based on gold price alone.