~*~Mining and Metals Du Jour~*~

[ConferredDiligence]

Hi Cork,

I own RNKLF, but follow RNX.TO volume and price due to being the parent ticker. Unfortunately I am currently slightly in the red due to not expecting all the selling and shorting associated with two surprise back to back PP's this year, first one to raise cash for drill program as well as giving Sprott millions of shares @.46, he now owns 48M shares, the second was for the HGO mill/property purchase from Westgold, they now own 56M shares. RNX.TO was just added to the Van Eck GDXJ junior miner fund, announced on Friday, while AKG and FF were dropped.

Near term catalysts for RNX.TO/RNKLF are incoming GDXJ volume, reserve estimate end of June, Q2 production results (consisting of 80,000 tons of ore on pad and May limited production), return to full production in Q3 using the new mill, and new coarse gold discoveries (a real pps driver!) can happen anytime. IMO RNKLF is an absolute steal at .36, wish I had waited, but you know what they say about hindsight.

Best place for DD: https://ceo.ca/rnx

https://economicalpha.blog/2019/06/14/mvis-gdxj-junior-gold-mining-q2-rebalance-update/