I too don't hold and have no plans to buy. So my comments aren't influenced by profit or loss - just by an interest in the area and a fascination with corporate machinations.
Remember RNI owns zero per cent of the Salmon tenement. They had an option that expired on 30 Jun and that will only be extended by payment of $50k before T falls due. If they pay that $50k - and you'd hope them to announce that next week before expiry of CR - then they can't sell the tenement to anyone as they still won't own it.
To exercise the option RNI has to pay $2 mill cash and issue 3 mill RNI shares. Until that happens - or RNI finds a partner willing to pay the $2 mill for them - then RNI cannot sell what it does not own.
GLTAH. DYOR.
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