Next big winnerThey are busy drilling the property and if they confirm the historical data (which is most likely) this stock will take a huge run.
Rockgate Capital (RGT-TSXv)
If you like 10 baggers, this one has a good kick at the can but not for the faint of heart (Aren't they all like that?). They picked up an old Cameco uranium project in Africa that apparently holds some pretty unbelievable (hair raising) historic data. The only thing I have done wrong with this play is not alert my readers earlier. I am long at $0.40 in the private placement and bought more free trading stock in the $0.70's. The stock has gone straight up since to around $2.50 and I know that people in the PP are still buying stock at these levels. Great sponsorship on the deal, sponsorship that would send this to the moon if they could confirm historic data. $5M in the bank and only 20M shares outstanding fully diluted. If you are looking for an entry point on this - the $0.40 cent financing comes free trading on May 15th - so I imagine their will be some pressure on the stock leading up to that time. That is still two months away though - so their could be lots of spec left in this and results could trickle out in a month. As I said, I liked it better at $0.70 of course but numbers on this play coupled with historic data, structure and market sponsorship makes RGT especially intriguing. I will watch closely for news.
Happy Prospecting
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