GREY:RNKLF - Post by User
Comment by
pierregon Oct 07, 2019 5:36pm
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Post# 30205150
RE:RE:RE:worth the read
RE:RE:RE:worth the read@TaylorDart01 your foresight is limited as you paint the dilution picture without detailing as to why they occurred, last three bought deals: Major drilling program, accretive HGO purchase and bought deal to improve the balance sheet & attract 5 institutional investors. Also, you based RNX expectations for production and AISC as a continuation of small scale production without future included mill savings and ramped up production. AISC was bound to be high in Q2: 40,000 meter drilling program. AISC must go down and Baloo open-pit and HGO stockpile and Beta Hunt are seemingly quite profitable at current gold price: https://stockhouse.com/companies/bullboard?symbol=t.rnx&postid=30204015#XXTZLcPVhhJhf6L6.99
More financings? Paul Huet at the latest Red Cloud presentation (https://www.youtube.com/watch?v=4chEpsfZ6W4&feature=youtu.be++) an excerpt: « Because we're located in Australia there's a lot of funds that want to participate in our financings or actually want to buy the stock. Forget the financings, we're done with the financings. »