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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

Comment by SuneeDazeon Jul 12, 2019 10:18am
44 Views
Post# 29912833

RE:15c... Highest close of the year!

RE:15c... Highest close of the year!Interesting for sure.  Could be in anticipation of work on our Whirlwind Jack property that is contiguous to Great Bear's Dixie project and on strike with the gold trend there...more on that below. I'm also curious if shares are being bought up by Ryan again while people await the transfer of their shares thereby creating more volatility.  With the higher sp, it would then be quite advantageous to do a financing for summer exploration of Whirlwind and Moosehead East.

BTU Metals (of which Ryan Kalt, our CEO, is an investor/insider) just announced they were beginning drilling on their Red Lake property contiguous to the South and East of Great Bear's Dixie.  They hit a 52 week hig on announcement yesterday, and at 0.18 have a market cap of almost $12 million.  We, even at 0.15, have a market cap of below $4 million, so we have lots of room for advancement once a work program is announced.   Hang on and enjoy the ride!

Have a Great weekend!
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