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RT Minerals Corp V.RTM

Alternate Symbol(s):  RTMFD

RT Minerals Corp. is a Canada-based junior exploration company. The Company is engaged in the acquisition, exploration and evaluation of primarily gold and base metals properties in Ontario, Canada. The Company's principal mineral properties in Canada, including Link-Catharine, Catharine Gold properties, Blakelock property, Case Batholith property, Galna / Moody property, Ireland REE property, Kendrey property, Kenogaming /Pharand Project, McQuibban project, Milligan Project, Nordica Project and Timmins project. The Company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property comprised of 15 unpatented single-cell mining claims with a total area of approximately 220 hectares in one claim block, which is contiguous to the Company’s 100% owned approximately 102 square kilometers Catharine claim block. The Link-Catharine property is located approximately 25 kilometers south-east of the town of Kirkland Lake, Ontario.


TSXV:RTM - Post by User

Bullboard Posts
Post by TedOwenson Apr 10, 2013 4:29pm
250 Views
Post# 21238603

RTM on the back burner

RTM on the back burner

It definately appears that RTM has been relegated to care and maintenance status and from what is being heard from the back room coffers, wont be a priority for management to resurrect any time soon. The decision to gamble on the deep hole with LSG over at the Meunier 144 property was a highly questionable element and its failure ultimately is the reason why RTM sits where it is now. The further decision to reqlinquish the Golden Property in west timmins may be the biggest blunder of all but when taking into consideration that RTM's past Ceo Dan Clark later picked up the property again under his other company OPW and then subsequently flip it to San Gold a short while later makes the situation that much more concerning for present RTM shareholders.

Bullboard Posts