Renforth Resources Inc C.RFR

Alternate Symbol(s): RFHRF

Renforth Resources Inc. (Renforth) is a Canada-based company that is engaged in the acquisition, exploration and development of mineral properties in Canada. The Company owns approximately 330 square kilometers (km2) of Surimeau District Property, which hosts numerous areas of polymetallic and gold mineralization, each with various levels of exploration, as well as a certain amount of unexplored ground. In addition to the Surimeau District battery metals property, Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. Renforth also holds Nixon-Bartleman Property, which is located in West Timmins Mining Area, in the western part of the Porcupine Mining Camp. The Company owns Malartic West Property, which is located west of Renforth’s Parbec Property, contiguous to the Canadian Malartic Mine property. It also owns Bousquet property, which is located in the Quebec-Cadillac camp.

CSE:RFR - Post by User

Renforth Resources Inc

<< Previous

Bullboard Posts

Next >>

Post by Yepnewpapyon Feb 22, 2021 4:30pm

76 Views

Post# 32629296

potential takeover target

https://thedeepdive.ca/renforth-resources-radisson-mining-of-interest-following-qmx-gold-transaction/
Renforth Resources, Radisson Mining Of Interest Following QMX Gold Transaction

Investment Conclusion
Eldorado’s friendly acquisition of QMX Gold could be a one-off transaction, but it could also suggest that large gold miners are evaluating other mining properties in the Abitibi Greenstone Belt. On that basis, Renforth Resources and Radisson Mining may be interesting speculations. The cash-rich, debt-free companies’ properties are located near a number of major mines. Also, both stocks trade at discounts to QMX Gold’s takeover price in terms of EV per estimated ounce of gold resource.

<< Previous

Bullboard Posts

Next >>

Silvercorp to expand into Ecuador with C$200M Adventus acquisition