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Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt (CLGB), part of the Fennoscandian shield, which hosts 1700 known incidences of mineralization in Finland, Sweden, Norway and Russia, including around 80 mines. The Company also holds a 20% carried participating interest in the Gold Centre property located adjacent to the Red Lake mine in Ontario. The Gold Centre property lies to the southeast and within the shadow of the headframe of Evolution Mining’s Red Lake Mine (which has produced 23.8 M ounces of gold at an average grade of greater than 1/2-ounce gold per ton (or greater than 15.6 g/t).


TSX:RUP - Post by User

Comment by Nodga2000on Jun 22, 2020 4:57pm
94 Views
Post# 31178340

RE:And still it goes UP!

RE:And still it goes UP!Can't complain too much! I've sold on this move higher too, but only partially as I do think there's more upside to this stock.
Then of course 9/10 similar gold explorer stocks have done the same recently. Lots of shares in this sector have moved >100% in the last couple of months and little to show for it other than some decent (in some cases, spectacular) drill results. All bubbles burst, but I don't think we're in a bubble, yet.
Taking a profit is better than running a horrific loss, so most important thing is to be content with any money you take off the table and not get too upset if hindsight shows you should have stayed in for longer!
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