Renforth Resources Inc RFHRF

Primary Symbol: C.RFR

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 > The market's evaluation is amusing...

<< Previous

Bullboard Posts

Next >>

Post by arrowhawkon Dec 15, 2022 12:20pm

253 Views

Post# 35173475

The market's evaluation is amusing...

We all know of the many 'fair value' estimates made on Renforth, A Head of the Herd, is an example..

Just for fun and the silliness consider one small piece of the Renforth package. RFR owns 5.7% of
Radisson (they own 9.6% of us). Both companies have aprox 280M shares.

5.7% of 280M shares = 16M shares. RDS shares currently trade at .13.
16M x .13 = 2,080,000 which is .075 per RFR share.

Forget about Parbec and the 10s of millions it will sell for. Indeed forget about the entirety of our, nickle, copper, cobalt, zinc, lithium motherlode recently confirmed.

Sell me some more .03 shares. I,ll keep picking away. Cheers

<< Previous

Bullboard Posts

Next >>

Silvercorp to expand into Ecuador with C$200M Adventus acquisition