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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 > The plan
View:
Post by DEXTERBOY on Aug 20, 2019 4:53pm

The plan

Is for Kalt to keep hoarding and hoarding. Then drive up the price which should be a piece of cake, especially if Btu hits something. Then announce he is going to drill and the sticks pops to wherever. 50 cents could be easy though. Do  a pp for 20 million shares put 10 mill in the till. Drill a bit more and so on . Follow the Gbr model. 10 million would be lots to drill with. Seems too simple I know but this low float is the key!
Comment by SuneeDaze on Aug 20, 2019 5:41pm
Bringing your show over here now, are you? Part of your post is true...follow the GBR model.   If there's one thing I've gleaned from him  (through emails) he truly wants to limit dilution as much as possible.  Holding close to 30% of the company which he purchased predominantly on the open market, this is understandable.  There's absolutely no way he'd ever ...more  
Comment by dacre on Aug 20, 2019 8:54pm
Yep, and like I said before...we're sitting pretty. GBR will be developing a mine at Dixie.  It's just a matter of figuring out the size of the deposit at this point...so various scenarios... - GBR continue to drill, outline and expand zones and discover more zones...our property and shareholder value naturally increases...so, basically this will happen over time...a given  ...more  
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