Many will disagree, but I think this has been a massive overreaction. What did people really think they were going to deliver from this drill program?
I was ultimately pleased that they were actually starting to be actively drilling and awaiting tenement applications to complete the Yandal East 60km project.
I agree with the comments about management, I think they are overall quite poor in their delayed action, updates on Yukon progress and general marketing and company updates. Why was the granting of the tenements hidden in the picture?
Yes, a lot needs to change, but to think this is now trading as a $2.85M company, with huge upside, may not suit the short term traders but definitely presents opportunities to those with patience.
RNX Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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