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Red Lake Gold Inc C.RGLD

Red Lake Gold Inc. is a Canada-based company focused on gold exploration. The Company’s principal business activities include the acquisition and exploration of mineral property assets. It is focused on high-impact gold exploration through its 21,238 hectares district-scale Whirlwind Jack gold project situated near Red Lake, Ontario. Its projects include Whirlwind Jack Gold Project, Fenelon North Gold Project, Preston District Uranium Project, and Celt Lake Lithium Project. The Whirlwind Jack Gold Project is a district-scale gold exploration project located near Red Lake, Ontario. The Fenelon North Gold Project is situated within the core of the Fenelon gold district. The Preston District Uranium Project is located in Saskatchewan near exploration projects held in by Azincourt Energy Corp. and Orano Canada. The Celt Lake Lithium Project is located in Red Lake Mining District, Ontario, Canada. The Celt Lake Lithium Project has approximately 500 claims.


CSE:RGLD - Post by User

Post by iamkyleon Oct 12, 2018 11:39am
72 Views
Post# 28788642

the value play is ridiculously cheap.

the value play is ridiculously cheap.Having such a small amount of shares and geologically these properties are well defined and looing at the elevation and examining the presence of these rock formations we can see that the gold is trending further. I can easily and very conservatively evalute a min of 24 cents on the moosehead and on the pivot its easy to see .33 cents and this would mean this stock is heavily undervalued.  Short term i expect this to reach 54 cents and trend upwards as momentum and news rises. I am very suprised no one has noticed and i challenge you to grab a few million as i believe gbr does not hold the key play area and as news comes forward your going to see this is the money spot. Gbr will do ok but this is where the mines largest gold reserves will be found based on the image of both plays and having the knowledge to read the diagram.
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