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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

Rupert Resources Ltd > $28,032,497
View:
Post by goldanalyst on Jan 30, 2021 9:46am

$28,032,497

That's a pretty nice pile of cash....doesn't look like they will need to go to market right now....which is always good....better to finance once the gold market resumes it's upward trajectory and with it RUP's share price.....the present price provides such a nice entry point for new investors...for those of us who took the risk early on we have been richly rewarded....however buying now with so much less risk is perhaps an even better play going forward IMO....I often buy stocks in companies who have made discoveries but for whatever reason have been sold off indiscremently along with everything else in the sector....in other words if RUP is not a long term hold in the gold market then I don't believe any gold explorer is....GLTA
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