One thing I have noticed about HC is often the purpose of the posts is confirmation bias and to calm the nerves.
As interesting and informative it is to review Ernest Henry for the possibilities it's basically irrelevant.
EH is a deposit which was only 50m from surface. Mongoose Deeps is almost 500m.
The true bottom line of RNX as a speculation is the management clearly believes that a major mineralised anomaly exists to be discovered and we, as mug punters, are making a bet on their judgement.
If that bet comes off Mongoose Deeps could turn out to be anything. It might be marginally mineralised all the way to being something spectacular. Every deposit is unique. Just because this anomaly shares similarities with EH doesn't mean it is similar.
It's a matter of probabilities and that is the bet we are making.
Personally, I think the prospect is very high for success. Just have to see what the drill finds. Getting hyped up on possibilities is just falling victim to nervous tension.
RNX Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
