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

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Comment by TomyHHon Mar 08, 2016 7:58am

245 Views

Post# 24633329

RE:EDV vs TGM

Good hint to have a look on the EDV Board.

I am also disappoimted with 0,57. Especially als I bought before all the trouble we had. There is much more potential for TGM with AISC around 700.

But it is worse to have a closer look at EDV before you make a judgment. They are a 500k producer with some good low cost mines similar to Karma and have an excellent track record in West Africa. Karma perfectly fits in their profile and EDV will profit from the exploration potential. On the other side they are on a good way to become a well run low cost 1 million ounce gold Company.

So this could be the next Randgold or a west african Goldcorp. Randgold produces 1,2 ounces and is valued over 8 Billion today. From this perspective the potential for TGM stakeholders is still not so much different from before. The story is different now.

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