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Bullboard - Stock Discussion Forum 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... see more

TSXV:REG - Post Discussion

Regulus Resources Inc > drill results?
View:
Post by Elchico1973 on Jun 10, 2020 6:45pm

drill results?

so if they could start soon, we'd probably hear something, what, like around september?  had they completed any drilling before the lockdowns i wonder?
Comment by riywel on Jun 10, 2020 11:54pm
This post has been removed in accordance with Community Policy
Comment by gold_Gold_GOLD on Jun 11, 2020 5:03pm
I dont think they have any drilling results pending.  could be wrong.   if they can start drilling.  will take some time to get drills team mobilized.  etc So if all goes well, my guess is September. Mabe even longer.   Am patient.  Copper should be deficit by 2023-2025.  am loading up on dips when I can
Comment by Elchico1973 on Jun 12, 2020 12:51pm
Yeah I'm getting antsy, I've been in this one for a very long time and am hopeful for some good results in the fall I guess, and a buyout not long after
Comment by auriferous on Jun 13, 2020 3:09pm
I'm in no rush for a buy-out. They need to do their work and grow this to 10 billion lbs of copper equivalent. The going take-over price is $0.04 per lb of CuEq for a quality large copper project so 10 billion lbs will be worth US$400M in a good market (say 2023). Could be 5 cents as the 4 cents it a bit dated. Currently they have 102M shares O/S, this could grow to 150M shares depending on ...more  
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