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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by arh0070on Aug 26, 2019 5:14pm
180 Views
Post# 30067537

Rnx

RnxWell ,yet another cash raising .it will take the number of shares to more than 600 million.Something talked about several times .It is apparent that increase in production is not producing sufficient cash flow to fund operations at this point in time .No wonder the share price has been falling ,obvious that someone knew and were selling into the market .I was becoming a little more optimistic about RNX because of increased production and increase in POG but this is yet another setback.I had been negative on rnx for quite a while and during that time the share price dropped quite a bit whilst the royalty stocks have all increased in value .Just confirms to me that this approach is the correct one and continues to be .All the postings from the booster club(and there are a lot less than there used to be) have all been designed to get retail investors to buy the stock ,keep up its share price to enable more capital raising which has been relentless .None of the booster club has any credibility at all and nearly all have disappeared or changed thier name .
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