July 13th ActionOver 315,000 shares traded today. Ended +14c on the day. Nice!
This stock is still way undervalued. There is ind / inf 8.0B lbs cu eq already in this deposit with 3 of the 5 best holes not included in the resource estimate.
All indications are that the North zone is rich in mineralization and is also near surface.
Then there is the adjacent Colquirrumi (Buenaventura) huge land mass where Regulus can earn up to 70% interest or 30% interest if Buenaventura pays Regulus $9MM, this could happen later this year or early next year.
With the price of copper, gold and silver on the rise, company has cash and no debt, nearby mines are running out of ore, M and A activity is heating up, stay tuned!
I'm looking for a $15 share price within 12 months.
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Glenwood