Rackla Metals Inc V.RAK

Alternate Symbol(s): RMETF

Metals & Mining Gold

Rackla Metals Inc. is a Canada-based junior gold exploration company. The Company is targeting Reduced Intrusion-Related Gold Systems (RIRGS) mineralization on the southeastern part of the Tombstone Gold Belt in eastern Yukon and western Northwest Territories (NWT). Its projects include Tombstone Gold Belt, Astro Plutonic Complex, BLACK, FLAT, JOS, RAK Main and GOSSAN. The Astro Plutonic Complex project includes Astro West Project, Yukon, and Astro East Project, NWT. The Company owns a 100% interest, subject to a 2.5% NSR royalty interest, in the Astro East gold project, an approximately 288 square kilometer exploration property. The Company owns a 100% interest (Astro West Project), subject to a 2.5% NSR royalty, in the Mayo Mining District, Yukon, along the NWT border. Its RAK Main and Jos Projects comprise 13 claims covering around 10,100 hectares. The Company owns 100% of two claim blocks known as the Black Claims and Flat Claims totaling nine claims covering over 9,500 hectares.

TSXV:RAK - Post by User

Rackla Metals Inc

Bullboard Posts

Comment by Super_Cycleon Jun 03, 2016 3:10am

146 Views

Post# 24930254

RE:RE:RE:RE:Gold Stock Turnaround

My personal opinion is you need to buy these shells well in advance of any news announcements. You risk is negligible and upside is huge - IF - you believe we have a bottom in gold.
Timing it perfectly is impossible, but you miss a 200 - 300% move if you wait for news on exploration work to materialize.

JMO.

Cheers.

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