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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
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Post by Yepnewpapyon Mar 26, 2021 11:53am
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Post# 32886375

Analyst opinion

Analyst opinionSmallcaps Investment Research       RFR.CN RESEARCH REPORT

                                                SUMMARY & LINKS

https://smallcaps.us/renforth-resources-inc-rfr/

Renforth Resources Inc. is a Toronto-based gold exploration company with all of its gold bearing properties located in the Provinces of Quebec and Ontario, Canada. In Quebec, Renforth holds the Parbec property located on the Cadillac Break. Renforth also holds the Malartic West property, contiguous to the western boundary of the Canadian Malartic Mine property.

https://smallcaps.us/reports/CR_RFR.pdf

VALUATION:

We believe that as the gold market becomes firmer and Renforth’s New Alger and Parbec properties expand their resource estimates, investors will recognize the true potential of the Company. As a result, we reiterate our buy recommendation for Renforth Resources with a price target of $0.19, which is an increase from $0.14 in our previous report, and 192% above today’s stock price.

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