Rupert Resources Ltd T.RUP

Still Climbing

[martin95833]

Hard to believe it's already hit $2.25 today. I wonder if we will see the ATH of $3.70 soon enough.

I made a small sell of my holding at $1.90 but I am going to wait longer before selling anymore.

[Nodga2000]

I saw it $2.45 offered not long ago! I think this has the potential to be a $1bn market cap before the end of the year, putting it above $6, but no harm in selling pieces on strength, perhaps wait for a pull back to buy again.

[martin95833]

Can't take profits if you don't sell the rises like this one. Otherwise how long might it be before you gain anything from this. In order to "guess" the top, what is the driving factor for the current rise? Is there any carry on news from the original price lift?

[Nodga2000]

I think the story is starting to get out there and insti money coming in now. They have secured Agnico ($20bn market cap) as a strategic partner, who owns the largest gold mine in Europe nearby in the same region. Today's news of some heavy hitters joining the board indicates how large many believe RUP could become and with more drill results expected, anything like the Ikkari find could be