RE:Well we are selling at $ 0.035 what a deal.1st event against RFR is the FT Financing done december 21. 2021
13,750 shares @ 0.10¢ with an after tax of 0.02-0.03¢ per share
2nd event TSX.V doing lower and lower low, the peak was in november 2021 @ 1025. Today we sit at 608
3rd event The gold price having a rough time to keep above 1800$
4th event M&A business in the Junior gold arena is near dead.
On the positive side
With an updated 43-101 report Parbec will have a good value and with gold modelization aiming at demonstrating that the deposit is larger at depth then maybe Agnico or Canadian Malartic may give RFR an offer in Paper and some cash in relation with the total Au resource + a small bonus for the upside.
If this happen then RFR may have a budget for Surimeau
You have to remember that even with so many targets, Surimeau is an early stage exploration play with a lot of upside as we go along
GLTA