Bullboard - Stock Discussion Forum 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... see more

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Renforth Resources Inc > Value

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Post by Yepnewpapy on Sep 02, 2022 12:27pm

Value

Ralston Research report suggest 8 cents US value for Surimeau
It would be fair to say that Parbec is worth 5 cents US per share

Here we have a total of 13 cents US for both properties

13 cents US = 17 cents Canadian
Current market is 3.5 cents Canadian

Comment

Comment by up2005 on Sep 03, 2022 8:15pm

AOTH had a target price at $ .19 CDN and for the work that has gone into the properties I think that is very low. We should be $ .22 - .25 but that was my target when we were trading at $ .08 and I never thought we would backslide to $ 0.03 cents. This is ridiculous IMO.

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Renforth Resources Inc