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Bullboard - Stock Discussion Forum 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... see more

CSE:RGLD - Post Discussion

Red Lake Gold Inc > PIVT and NP are the top share structure Area Plays to SIC
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Post by EricLeboeuf on Aug 13, 2018 6:53am

PIVT and NP are the top share structure Area Plays to SIC

C.PIVT with around 14MM shares out and 5MM escrowed (Float 9MM)
Is very well structured for a "not to dilutive financing" to explore it's Moosehead properties and benefit from SIC's exploration results

C.NP now fully funded as of last Thursday, with a 6MM$ cash hoard, diverse 100% owned properties with 2 adjacent to SIC is poised for hefty returns and beleive it or not trading at 0.07$ with 0.10$/share of cash in the bank.

Unlike other companies issuing millions and 10's of millions of shares for properties and financing at 0.05$ resulting in 60MM shares + cheap wts, only given them 1MM$ to explore

PIVT and NP (IMO) are the best based on their fundamental basis regarding their Cash or possibility of raising cash without much dilution and Share Structure
and they trade at a discount IMO

My 2cents,
GLTA
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