GREY:RNKLF - Post by User
Comment by
grampax5on May 13, 2020 2:01pm
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Post# 31023485
RE:RE:Share Price
RE:RE:Share PriceOk if they do this at .50 x 11 then the share price would be $5.50. If we cannot get this price to $1. Now what chances would we ever see this holding to that price or ever regaining $5.50? I held Victoria when they did this. They were producing 300 ounces a year. Now I see they are up to $10.80 and still holding strong production numbers. My concern is can RNX build on their production number and eventually regain a share price of $5.50 if this happens at .50 as an example. Personally i need .64 to break even. I would loose about $1500. Right off the top. Right now I am just trying to get a picture of how this might look. Thx