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Riverside Resources Inc V.RRI

Alternate Symbol(s):  RVSDF

Riverside Resources Inc. is a mineral exploration and evaluation company. The Company is engaged in the acquisition, exploration, and evaluation of assets in the Americas including Canada, the United States and Mexico. Its Canadian projects include Oakes Gold Project, Duc Project, Pichette Gold Project, Elly Project, and Revel Project. Its Mexican projects include La Union Project, Los Cuarentas Gold-Silver Project, La Silla Gold-Silver Project, Cecilia Gold-Silver Project, Sandy Gold Project, and Ariel Copper-Gold Project. The Oakes Project is located in the Oakes Township just north of Canadian National Highway 11 and about two kilometers (km) north of the town of Long Lac, Ontario. The Duc Project is located south of the town of Kapuskasing, within the Porcupine Mining District and is roughly 600 hectares in size. The Company’s Pichette Project is 1,650 hectares and hosts gold in banded iron formation and metasediments. The Company also owns Deer Park and Sunrise projects.


TSXV:RRI - Post by User

Comment by MonetaryReseton Jul 03, 2020 10:42am
106 Views
Post# 31220384

RE:Project Of The Week

RE:Project Of The Week
Thanks for the link stockinup.  I remember owning RRI from 2009 from the Roulston service.   Looking back to a chart from those times, you can see that the valuation in the longer run was generally slaved to the price of gold and in the 09 to 11 run up, was above the price of gold.  My personal thinking is that there is a huge historical valuation gap for all of the prospect generators.  You just need to take their charts back in time to 08 or earlier depending on the company to see it.  The Brent Cook coverage has also been very favorable on their team which is why I re-entered during the last month. 
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