Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Regulus Resources Inc V.REG

Alternate Symbol(s):  RGLSF

Regulus Resources Inc. is a Canada-based international mineral exploration company. The principal project held by the Company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project is located approximately 600 kilometers (km) north of Lima and 50 km northwest of the city of Cajamarca, in the Miocene Au-Cu-Ag belt of northern Peru. The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compania Minera Coimolache, Buenaventura-Southern Peru); seven km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km Northwest of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. The AntaKori project hosts a resource with indicated mineral resources of 250 million tons and inferred mineral resources of 267 million tons.


TSXV:REG - Post by User

Comment by Sumdim3on Sep 25, 2022 2:31pm
86 Views
Post# 34985190

RE:RE:RE:Reverse split

RE:RE:RE:Reverse splitYes, China was in buying heavily into copper recently capitalizing on the lower price.  If that demand dries up I have no doubt we could see a final leg down in copper.  But by mid year next year the supply/demand fundamentals should start to shift and we should be in for a good long run up in the price.   Might be a good time to start thinking about selling a explored copper/gold property!              Yes hole Ak 54 could be a Trigger if it turns up anything past decent.    Not sure if they have finished drilling it but it must be close.   So end of Oct/early Nov for assay results?     I am assuming they know what is there as they see the core coming out of the drill so that might be a question for them.      One other underlying issue right at the moment is that I think they want to get by the local elections before putting good results out.   REG has spent a lot of time as have the neighbours Buenaventuraa and Gold Fields working with the locals developing and improving the communities surrounding them.  They are in a good space in that regards But they don't want to rock the boat pre election.  
My guess is that the next big announcement will be regarding financing.  From what I understand they have plenty of options in that regard, but they are being very tight lipped about whether that financing is another Royalty one or a Strategic one or say a loan from Route1 their largest shareholder.  Either way they are focused on the least dilution possible.   i like them that way. 
<< Previous
Bullboard Posts
Next >>