Rusina grossly undervalued -- I'll say! the 840,000 tonne Acoje...

  1. 174 Posts.
    Rusina grossly undervalued -- I'll say!

    the 840,000 tonne Acoje nickel deposit is worth
    over $11 Billion @ $6 lb. nickel....
    [over $16 Billion if you calculate value by the spot price]

    if RML were to receive just 10% of the in-the-ground
    value for this deposit, with its 40% interest,
    the shares would be worth $18 per share,
    since there are about 245 million shares out...

    using the above calculations the current price
    of 7.4 cents could be said to be undervalued
    by a factor of 608....
 
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