Royal Nickel Corp (RNX.TO) Buy, Sell or Hold

Royal Nickel Corp (RNX.TO)

0.48

-0.01 (1.03%)

as of Jun 16, 2020, 8:00:00 pm Market Open.

14 watching

DON'T BUY

Nickel prices in general have been showing some pretty good improvement. However, this one is not so good. Chart shows this trading on the downside, and recently broke a key support level. Underperforming the market.

PARTIAL BUY

This has the Dumont nickel property in Québec and is obviously leveraged to the price of nickel. Has gotten so beaten up that you could nibble away at these prices.

HOLD

(Market Call Minute) Have a nickel asset in Quebec but a huge Cap-X to find it.

DON'T BUY

Very interesting development project in Quebec. Will have a full feasibility study done sometime next year. Early-stage development. He is not positive on base metals.

COMMENT

Nickel sulfide deposit, which is quite rare, in Quebec. Carries a big CapX. They need to find a partner to develop the project. Trying to bring it into a feasibility study right now. Has been hit pretty hard.

COMMENT

Big nickel deposit in Canada. He did a flow-through for them last year and is keeping it. Have found something but it will take time to put it into production. Expects that years from now this will be a significant mid-cap producer.

Showing 16 to 21 of 21 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Royal Nickel Corp (RNX.TO)