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Red Lake Gold Inc C.RGLD

Red Lake Gold Inc. is a Canada-based junior mining exploration company. The Company’s principal business activities include the acquisition and exploration of mineral property assets. It is focused on high-impact gold exploration through its 21,238-hectare district-scale Whirlwind Jack gold project situated near Red Lake, Ontario. Its projects include Whirlwind Jack Gold Project, Fenelon North Gold Project, Preston District Uranium Project, and Celt Lake Lithium Project. The Whirlwind Jack Gold Project is a district-scale gold exploration project located near Red Lake, Ontario. The Fenelon North Gold Project is situated within the core of the Fenelon gold district. The Preston District Uranium Project, which consists of over 11 mining licenses totaling approximately 56571 hectares, is located in the Athabasaca Basin region of Saskatchewan. The Celt Lake Lithium Project is located in Red Lake Mining District, Ontario, Canada. The Celt Lake Lithium Project has approximately 500 claims.


CSE:RGLD - Post by User

Post by EricLeboeufon Aug 13, 2018 6:53am
92 Views
Post# 28448177

PIVT and NP are the top share structure Area Plays to SIC

PIVT and NP are the top share structure Area Plays to SICC.PIVT with around 14MM shares out and 5MM escrowed (Float 9MM)
Is very well structured for a "not to dilutive financing" to explore it's Moosehead properties and benefit from SIC's exploration results

C.NP now fully funded as of last Thursday, with a 6MM$ cash hoard, diverse 100% owned properties with 2 adjacent to SIC is poised for hefty returns and beleive it or not trading at 0.07$ with 0.10$/share of cash in the bank.

Unlike other companies issuing millions and 10's of millions of shares for properties and financing at 0.05$ resulting in 60MM shares + cheap wts, only given them 1MM$ to explore

PIVT and NP (IMO) are the best based on their fundamental basis regarding their Cash or possibility of raising cash without much dilution and Share Structure
and they trade at a discount IMO

My 2cents,
GLTA
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