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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 > Reverse split
View:
Post by Elchico1973 on Sep 20, 2022 9:19am

Reverse split

I guess I should have said reverse split, call it what you will. If I was an expert I would have dumped this ten years ago and put the money in real estate but I did not. Anyway, like I said earlier, if it's true that we are drilling in the sweet spot, and we get some good grades it could make a big difference in share price. I hope we are seeing the light at the end of the tunnel. Good luck to us all.
Comment by Sumdim3 on Sep 20, 2022 10:13am
Yeah, hindsight is a beautiful thing. I as well have bypassed many opportunities because of the commitment to Reg, but who could have guessed the roadblocks that have come their way. What I do know is that they have 8 billion lbs of copper eq that is about to grow significantly, is sitting between two operating mines that are running out of ore, have mineable ore at surface, good grade, and now a ...more  
Comment by Elchico1973 on Sep 24, 2022 8:56pm
That all sounds about right to me. Mind you, it feels like the copper price is about to get beat up again on global growth concerns.  I guess if hole 54 shows us anything good that should be positive.  Any idea when we might hear something about that?  
Comment by Sumdim3 on Sep 25, 2022 2:31pm
Yes, 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 ...more  
Comment by Sumdim3 on Sep 25, 2022 9:16pm
And yes AK 54 into the donut.