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Renegade Gold Inc V.RAGE

Alternate Symbol(s):  TGLDF

Renegade Gold Inc. is a Canada-based company, which is engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. Its principal business activity is the exploration and evaluation of mineral assets. The Company holds over 1,200 square kilometers of property in the Red Lake gold district of Ontario, including key areas adjacent to Evolution’s Red Lake Mine, Kinross’ Great Bear Project, West Lake Gold Mine’s Madsen Mine and First Mining Gold’s Springpole Project. It holds a 100% interest in the Newman Todd properties (the NT Project). Its Red Lake Gold Property is a 16,900 hectares (ha) land package strategically located between the Madsen Mine, Kinross’ Dixie Project, and Evolution Mining’s Red Lake mines. Its Confederation Belt Property covers 57,000 ha and spans 65 kilometers (km). The Sidace Project is located 28 km northeast of Red Lake, at the northern extent of the Red Lake Greenstone Belt.


TSXV:RAGE - Post by User

Bullboard Posts
Comment by HubbaBuba2on May 10, 2011 8:41am
435 Views
Post# 18552518

RE: RE: Dilution - Could there be worse timing?!!

RE: RE: Dilution - Could there be worse timing?!!No, the problem is it need not be so. They ALREADY HAVE IN THE BAG TONS OF ASSAYS PENDING - WHY NOT WAIT ON REPORTING SOME - HOW ABOUT MANY - OF THEM?? Doubt they suck.

Second, the main reason financings happen at lows is buyers see it coming and let it drift down. There again, if it was nto visible from depleting cash on the balance sheet (as is NOT the case here - they're still fine for some time), then unless mg't lets out it's goign to happen a low need NOT be the case.

IT NEED NOT BE SO. Your point is non-applicable in this case, and valid only in cases where eother mg't leaks a financing, or it's clear from low cash levels. Neither need be the case here; and again, plenty of assays  - some of which should be nice - are news that should only help the stock.

Next excuse.
Bullboard Posts