Renegade Gold Inc V.RAGE

Alternate Symbol(s): TGLDF

Metals & Mining Gold

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.

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Renegade Gold Inc

Bullboard Posts

Post by gpsairgoldteamon Feb 02, 2016 10:19pm

198 Views

Post# 24518748

I wonder how aggressively True Gold will promote the stock.

They could be doing press releases on progress every couple of weeks. My guess is they'll underwhelm in promotion of the stock price. Wait the better part of a year, so they can buy back shares with cash flow. They'll keep quiet on their drilling program to add resources to the balance sheet.
Then when they've bought back shares at the lowest price possible they'll pump it hard. Announce a 25 plus year mine life and lower share count. Price will soar and executives will exercise their options.
So I'm holding on for a while. But I am having a hard time being patient. Anybody care to comment on the timeline for stock price appreciation?

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