Royal Nickel has been up considerably since the end of July 2012. http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=t.rnx
I believe that the recent PFS sparked the interest http://www.royalnickel.com/_admin/_media/25-June-2012-RNC-RPFS-filing-News-ReleaseEnglish---FINAL.pdf
That plus the $12 million loan from Ressources Quebec for an 0.8% Net Smelter Royalty on minerals produced at the mine, plus a 2% interest in the company. http://www.royalnickel.com/_admin/_media/1-Aug-12-RNC-Ressources-Quebec-News-Release-FINALEN.pdf
They have lower grades but a larger tonnage than Minago. Victory takes them on its frac sand co-product but a mineral byproduct comparison is not clear.
Their management consists of former INCO executives,which indicates that nickel should do well in the future, especially considering the lower grades at Dumont.