GREY:RBGCF - Post by User
Post by
jknf113on Mar 27, 2011 11:48am
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Post# 18346786
Indicated and Inferred gold on Bel's properties
Indicated and Inferred gold on Bel's propertiesThat RBG is going to earn in a 50% interest stands at approximately 549,000 ounces of gold, that's pretty good as a start. Currently there is a drill program underway as well, approximately 3,000 metres of drilling is to be completed. earn in for $6 million over 4 years those are pretty good terms given the indicated and inferred reserves..
RBG is shaping upp nicely, Pinetree capital behind them and partnered with YRI. Share price won't stay in this range for long.
Remember, why would Pinetree acquire all of those millions of warrants that are exercisable at
.10 that are set to expire April 2nd and April 14th unless they felt the share price was going to be much higher at that time?