Royal Nickel Corp

RNX-T

Analysis and Opinions about RNX-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 12, 2019
This should be going up as with other stocks in this sector. If it is not, then you should own something else. There was a bottom in May that we tested, so that is positive. The relative strength vs. the index is not good.
Royal Nickel Corp (RNX-T)
September 12, 2019
This should be going up as with other stocks in this sector. If it is not, then you should own something else. There was a bottom in May that we tested, so that is positive. The relative strength vs. the index is not good.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$0.370
Owned
Unknown
COMMENT
COMMENT
March 5, 2019
RNX is producing as opposed to drilling like many companies are. They're also generating good cash flow. But continuity is a concern. Brent Cook: restrictive, small but high-grade veins.
RNX is producing as opposed to drilling like many companies are. They're also generating good cash flow. But continuity is a concern. Brent Cook: restrictive, small but high-grade veins.
Joe Mazumdar
Editor & Analyst, Exploration Insights
Price
$0.540
Owned
Unknown
WATCH
WATCH
March 4, 2019
They used to be a nickel asset but the focus is now on gold assets in Australia. It is a low grade/high cost mine. They found the gold zone was small but now got into another zone with fantastic grades. The market has soared. They have now mined out the high grade zone. The risk reward is unfavorable at this price. He is watching the name.
They used to be a nickel asset but the focus is now on gold assets in Australia. It is a low grade/high cost mine. They found the gold zone was small but now got into another zone with fantastic grades. The market has soared. They have now mined out the high grade zone. The risk reward is unfavorable at this price. He is watching the name.
Jon Case
Portfolio Manager, Sentry Investments
Price
$0.550
Owned
No
DON'T BUY
DON'T BUY
February 19, 2019
Once in a while they have a big run. He hasn't look at this in years, but he feels this doesn't gain traction for very long. If you do buy, determine an exit level (selling price), because it never seems to go up and stay up.
Royal Nickel Corp (RNX-T)
February 19, 2019
Once in a while they have a big run. He hasn't look at this in years, but he feels this doesn't gain traction for very long. If you do buy, determine an exit level (selling price), because it never seems to go up and stay up.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.720
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
January 9, 2019
They have announced a gold find in Australia recently. He thinks it is very early days and they need to prove things up. He thinks investors are looking for this company to be acquired. He hopes they are successful, but views it as speculative at this point.
They have announced a gold find in Australia recently. He thinks it is very early days and they need to prove things up. He thinks investors are looking for this company to be acquired. He hopes they are successful, but views it as speculative at this point.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.470
Owned
No
WATCH
WATCH
December 20, 2018
He's watching it. It's likely that money will flow into precious metals. But names like this are highly spectulative. If he'd buy it, it'd be a small position.
Royal Nickel Corp (RNX-T)
December 20, 2018
He's watching it. It's likely that money will flow into precious metals. But names like this are highly spectulative. If he'd buy it, it'd be a small position.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.460
Owned
No
COMMENT
COMMENT
November 12, 2018
It's harder to apply technicals to a small-cap stock. They've had a downtrend since 2014, but only recently broke this into a sharp uptrend. You want to see it hold at 60-cents. They need to announce some good news to push the stock up. Technicals can reveal only so much.
Royal Nickel Corp (RNX-T)
November 12, 2018
It's harder to apply technicals to a small-cap stock. They've had a downtrend since 2014, but only recently broke this into a sharp uptrend. You want to see it hold at 60-cents. They need to announce some good news to push the stock up. Technicals can reveal only so much.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$0.650
Owned
Unknown
DON'T BUY
DON'T BUY
November 6, 2018
They hit an amazing seam of gold. But he doesn't see enough geological information to assume a lot of material there, though the grade appears to be spectacular.
Royal Nickel Corp (RNX-T)
November 6, 2018
They hit an amazing seam of gold. But he doesn't see enough geological information to assume a lot of material there, though the grade appears to be spectacular.
Rick Rule
Pres. & CEO, Sprott USA
Price
$0.650
Owned
No
WATCH
WATCH
November 5, 2018
You have to have a lot of patience with these stocks. A lot of companies go through these changes where they transform to something completely different. It looks like it is going through the phase of the next press release causing the next upside move. If it gets above $0.90 it would be a breakout and definitely above $1.10. It has to break out before you buy it. If you bought below $0.10 then take half your position off.
Royal Nickel Corp (RNX-T)
November 5, 2018
You have to have a lot of patience with these stocks. A lot of companies go through these changes where they transform to something completely different. It looks like it is going through the phase of the next press release causing the next upside move. If it gets above $0.90 it would be a breakout and definitely above $1.10. It has to break out before you buy it. If you bought below $0.10 then take half your position off.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$0.670
Owned
Unknown
SPECULATIVE BUY
SPECULATIVE BUY
October 16, 2018

Doesn't generate much free cash flow but occasionally they find very high-grade nickel like recently. This has helped their debt. They are now focused on Beta Hunt in Australia. It's a nice speculative play.

Royal Nickel Corp (RNX-T)
October 16, 2018

Doesn't generate much free cash flow but occasionally they find very high-grade nickel like recently. This has helped their debt. They are now focused on Beta Hunt in Australia. It's a nice speculative play.

Joe Mazumdar
Editor & Analyst, Exploration Insights
Price
$0.900
Owned
No
COMMENT
COMMENT
September 28, 2018

They were trying to sell their Australian gold assets and found gold in the process. There is much talk of the Quebec nickel project that would require a $1 billion of investment. They ran out of patience waiting for projects to be developed, so have not bought back into it.

Royal Nickel Corp (RNX-T)
September 28, 2018

They were trying to sell their Australian gold assets and found gold in the process. There is much talk of the Quebec nickel project that would require a $1 billion of investment. They ran out of patience waiting for projects to be developed, so have not bought back into it.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.890
Owned
No
WATCH
WATCH
March 8, 2018

They did a royalty deal. They are getting caught up in the cobalt story. He has been in and out of the name. It is a morphed animal. You will get a little more press on it. He is out for now. He is watching it.

They did a royalty deal. They are getting caught up in the cobalt story. He has been in and out of the name. It is a morphed animal. You will get a little more press on it. He is out for now. He is watching it.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.250
Owned
No
COMMENT
COMMENT
December 8, 2017

In some way, this company has transitioned positively. They now have revenues. Have lowered their operating costs. Still losing a lot of money, about $12 million last quarter. A few years ago, they had around 90 million shares, but now have about 307 million shares, which makes it very, very hard on the upside. There could be a further dilution. Speculative.

Royal Nickel Corp (RNX-T)
December 8, 2017

In some way, this company has transitioned positively. They now have revenues. Have lowered their operating costs. Still losing a lot of money, about $12 million last quarter. A few years ago, they had around 90 million shares, but now have about 307 million shares, which makes it very, very hard on the upside. There could be a further dilution. Speculative.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.160
Owned
No
COMMENT
COMMENT
August 2, 2016

This is a small-cap company. He recently did a flow-through financing for them. Despite the name, this is going to be producing gold and copper in the 2nd half of 2017. It will probably generate $15-$20 million in cash flow in the 2nd half of 2017.

This is a small-cap company. He recently did a flow-through financing for them. Despite the name, this is going to be producing gold and copper in the 2nd half of 2017. It will probably generate $15-$20 million in cash flow in the 2nd half of 2017.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.405
Owned
Yes
COMMENT
COMMENT
May 12, 2016

(Market Call Minute.) Doesn’t understand the gold deposit well enough to own it at this price.

(Market Call Minute.) Doesn’t understand the gold deposit well enough to own it at this price.

Rick Rule
Pres. & CEO, Sprott USA
Price
$0.475
Owned
No
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