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Bullboard - Stock Discussion Forum 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 ... see more

TSX:RUP - Post Discussion

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Post by GentlemanTrader on Jun 29, 2020 9:09am

Wow

https://finance.yahoo.com/news/rupert-resources-drills-13m-grading-090000957.html
Comment by goldanalyst on Jun 29, 2020 9:14am
That is a spectacular hole! Not selling one single share of this beauty!!! Someone will take us out at multiples of where we are now!! GLTA
Comment by GentlemanTrader on Jun 29, 2020 9:17am
Hahaha yes, I hold up to mine on a hard beat and even increasing my position. This is huge. Over 10M ounce of gold on this land minimum
Comment by GentlemanTrader on Jun 29, 2020 9:20am
I won't be surprised if we go over $3 today
Comment by martin95833 on Jun 29, 2020 9:59am
The news must be regarded as good by the mining sector. Already at $2.91 at the open. I regret my earlier exit strategy, but still hold over half my shares. I will see how much higher we go.
Comment by GentlemanTrader on Jun 29, 2020 11:52am
Well that went close to $3. If you are in for the long run, this is a one cheap a$$ stock. Somebody mentioned $10 on this board...and I think this could be way more than this. Just do the quick math, 10M ounce @ $700 (profit) = $7B Current MC : $450M Price at $7B : $44.
Comment by martin95833 on Jun 29, 2020 3:59pm
We already blew through $3 today, straight up to $3.20. Maybe we are heading for $4 now?
Comment by GentlemanTrader on Jun 29, 2020 5:47pm
I can't see why not with Gold going up. Beside, 1 insider bought 50,000 shares today @2.90.... This will appear on the radar in the upcoming days and fueled with gold price, good chance it goes significantly up.
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