Woods Caribou & Silicon RidgeCouple points I would like to note:
1) the decision by the Ministre des Forts, de la Faune et des Parcs (“MFFP”) Aug 10, 2017, to delay Silicon Ridge was Unexpected per NR. It certainly threw a wrench into the business plan.
TORONTO, ON – Rogue Resources Inc. (TSX-V: RRS) (“Rogue” or the “Company”) is disappointed to announce a delay in advancing its 100% owned Silicon Ridge Project .....
https://docs.wixstatic.com/ugd/5d173e_f889cec6e9304d68bbc960a9f39c649b.pdf
2) rather than sit back & lick their wounds awaiting a gov’t decision, our mgnt moved on & were successful in negotiating a new acquisition, Snow White. While SW is not anywhere as large as SR, (slide 14 states a likely 10yrs life of SW vs 50 yrs for SR) it is an lifeline for RRS. ...
https://docs.wixstatic.com/ugd/5d173e_23868a650dd74b3b82b6e3d941834dae.pdf ) the quality is higher.
3) Now with the publishing of tech report on SW, I am confident that RRS will get back on track, that being to generate value for it’s shareholders -
Rogue is pleased to announce the filing of an independent technical report (the “Technical Report”) regarding Snow White.
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https://docs.wixstatic.com/ugd/5d173e_0df2da11a03c4963832a62ca672e3df8.pdf 4) A recent communication with CEO, Sean S, where he stated - Progress continues— samples tested, commercial terms going back and forth, calls and visits. I’m still planning to get some production this year, hopefully with news soon. Our hard constraint is of course the arrival of winter at SW, I’m still planning to get order(s), announce Advancement, mobilize, produce and ship.
I would like to share one other bit of info which is vaguely linked to RRS. My portfolio is centric on resources, most notably precious metals. ALL my holdings are at, or quite close to, their 52 wk low, some close to multi year lows. Just saying that it seems the WHOLE resource sector is suffering badly this year. But feel confident that this cycle will turn!
Please do yr own DD. GLTA