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RNX is the most undervalued gold stock!
RNC Minerals Announces New Visible Gold Discovery At Surface And High Grade Intersections Revealed By Ongoing Review Of Historic Higginsville Database; Recent RNC Drilling Extends Boundaries Of Deposits In Open Pit Pipeline
http://www.rncminerals.com/2020-02-27-RNC-Minerals-Announces-New-Visible-Gold-Discovery-at-Surface-and-High-Grade-Intersections-Revealed-by-Ongoing-Review-of-Historic-Higginsville-Database-Recent-RNC-Drilling-Extends-Boundaries-of-Deposits-in-Open-Pit-Pipeline
Eric Sprott re-affirms endorsement of RNC
Eric Sprott 2/7/2020 : « Royal Nickel, Australia, they seem to be doing much better. I think there projection is something like 100,000 ounces this year. Now, I don't really know the market cap right offhand. But, I would suspect that it's probably half of what might be typical of a producer like that. It looks like they have more opportunity there with the acquisition that they had that there might be some interesting places to explore and find and develop quickly. We still haven't come up with the sort of big nugget effect hit in the Beta Hunt mine. That could happen at any time I got to believe there's going to be some rather big hit that can be quite instrumental in changing the fundamentals for that company very quickly. So, I'm a big owner. I haven't bought it in quite a while. But, I like it here. »
I dunno but it's up 9% today to .50 !
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152830107
There's plenty of really good news. 22 feet down they hit 1400 grams per ton. These veins are rich beyond imagination and the mine infrastructure is there. Ramps will handle 3000 tpd. Company purchasing a mill and a 40k oz per year operation. Totally accretive.
Share count is bloated, but the value is there. IMO.
Can anyone give me a screen shot of the L2 please?
They can only hold this up for awhile. Till it can't be held up anymore. Selling off big-time.gl
Hot. Recent video
https://www.youtube.com/embed/bdN3bK0WyvI
volume and price surge last half-hour.....something coming down the shaft?....lol
I'm enjoying watching it melt up!
All the best
RNX if it was melting it would be back at .09 a share. So as you see this has lots of upside to it
RNX this will go to the moon. If you are afraid do not invest in RNX. I would invest more if I could. I will be enjoying my 10,000 percent profit.
Best of luck to you and your family Just been watching this melt
RNX lot of people want to buy this stock. This is that Gold Mine in a Gold Mine. You have to remember this was at .09 now it is steady around .75 by the end of the month this will be over $1.50 watch. I am one of the lucky ones bought in at .175 per share and I am holding for double digit dollars
Breaking news; This stock has been bleeding for weeks.
BREAKING: 90 KG GOLD SLAB RECOVERED...
...that was quick !!!!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/674-tsx/rnx/53252-rnc-minerals-announces-90-kg-specimen-gold-slab-recovered-from-father-s-day-vein-development-area-at-the-beta-hunt-mine.html
EPIC potential here. Watch what happens next time they dig up more monster-nuggets and that goes public/viral. IMHO sooner rather than later. Peace
I can see this going to 3.00 easy if not 10 times that amount.
Look out big gold companies
It should easily hit that. The way they are talking they should have that in gold.
Feeling good about buying more. Hopefully hits $1.00 by December
Thanx bud, I used to play gold back in the late 90's, just green gold now lately though
Seeking Alpha says "Significant Upside" in an OVERLY CONSERVATIVE opinion.
Note the article states "For analysis purposes, we've rounded this down to 1 ounce of gold per ton blasted" at Beta Hunt Mine.
One ounce? Really?
The opinion is WAY TOO CONSERVATIVE FOR 2 REASONS: (stated in the article)
- "Beta Hunt currently yields over 161 ounces/tonne "
- "Other gold mines in the area range 20-30 ounces per ton"
Based on this I reach my own conclusions:
1. A share price of $25+ is probably fair. This is a gold mine at a nickel mine share price.
2. JUST ONE MORE company press release indicating continued high yields of high quality gold could make this company Bre-X #2, but with a real gold mine producing real gold.
3. Taking some kind of position on Royal Nickel will not be a waste of money.
https://seekingalpha.com/article/4210751-rnc-minerals-beta-hunt-valuation-implies-significant-upside
Peace from BC
thewest.com.au/business/mining/rnc-eyes-asx-listing-after-big-beta-hunt-find-ng-b88978725z.amp
Nice I like your self know this is that Gold mine find in a gold mine
I see this stock going to $10.00 a share. If Barrack Gold does not buy it first. I will laugh if they pull out another 100,000 OZ of Gold with the work they are doing right now. At a cost of about $100.00 a oz. They do not have a fully operational mine going. If they had a full operation going they would be pulling out what Barrack Gold is doing at there top mine. Which is 464,000 oz in the last 3 months.
Looks like someone knocking the price down to let others in. Time to collect and wait. This has so much further to go.
24,000 ounces in just 4 days.
http://www.stockhouse.com/news/press-releases/2018/09/20/father-s-day-vein-yields-24-000-ounces-of-gold-worth-38-million
Can't wait to see what news comes out this weekend. Monday will be fun to see the stock. I am waiting for $10.00 a share if not higher.
This has been an incredible story to watch. Congrats to all Longs. Been following for about a week. Great Gold Fine!
RNX
The have no convertable debt now. Better to get it done with now than when it is at $3.00
Market likes the news, company now debt free and lots of cash on hand to run operations.
I still agree. Looking to add tomorrow if this continues.
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