Regulus Resources Inc V.REG

Alternate Symbol(s): RGLSF

Metals & Mining Industrial Metals & Minerals

Regulus Resources Inc. is a Canada-based international mineral exploration company. The principal project held by the Company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project is located approximately 600 kilometers (km) north of Lima and 50 km northwest of the city of Cajamarca, on the world-class Miocene Au-Cu-Ag belt of northern Peru. The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compania Minera Coimolache, Buenaventura-Southern Peru); 7 km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km NW of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. It has completed 31,666.99 m of drilling on the AntaKori project. The AntaKori project hosts a resource with indicated mineral resources of 250 million tons and inferred mineral resources of 267 million tons.

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Regulus Resources Inc

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Comment by ilafalot2on Nov 30, 2011 6:36pm

255 Views

Post# 19281059

RE: RE: RE: Where the F*** is the Resource Estimat

Be careful about what you wish for. Personally I see very little opportunity to put up numbers at this stage that will satisfy investors. There simply cannot be enough work done to date.
GMP is not a factor. They have only bought on 2 days since Sept 1. On the other hand, the fact that someone not actively trading the stock, bought 100,000 shares a few days ago could be quite positive.

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