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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by rob1237on Oct 15, 2019 8:48am
166 Views
Post# 30230683

RE:The costs of mining this high grade ore body is out of line

RE:The costs of mining this high grade ore body is out of line
daphnehausner5a wrote: The costs of mining this high grade ore body is out of line with comprable mines. We were told that they will try to get the AISC cost below $1000US. In light of all the available infasructure, Mill and high grades the costs should be in the $600US /oz
range. Where is the problem? I can quote many examples of similar mines with much less going for them that are producing at the $600 to $700 range. I hope they address this misalignment at their Q3 report???  Read this article for more facts about


According to the news today AISC is about $1,200.   See news release today. High share count added to this....its simple. They better find large pockets of gold ...which are becoming far and few in between. Tempting at .33 but with tax loss coming and gold drifting down..i dont know about this one. 
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