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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 20, 2019 10:51pm
60 Views
Post# 29943609

RE:Share Price Movement Comparison...Interesting

RE:Share Price Movement Comparison...Interesting
SuneeDaze wrote: Here's a quick comparison of share performance over the last two weeks (from July 8 to present).  Each of these companies is operating in the Dixie area, and have seen considerable activity.  The first price is from Mon. July 8, second price from this Friday.

GBR     $4.40     $5.43     +23%

BTU     0.18     0.21     +29%

PAC     0.15     0.18     +16%

GLD     0.70     0.70     0%

RGLD    0.07    0.135    +93%

I believe much of this is the increasing awareness that RGLD is gaining in the investment community.  Our low float would also be a huge part of it.  With only 25 mil. shares, our sp needs to go up 0.04 to increase market cap by a million compared to 0.01-0.02 for each of the other companies.  Also with Ryan holding over 20% of the stock, we will see more volatilty as we're fairly illiquid.

 


My bad... our closing sp was 0.13, not 0.135 which would give RGLD a gain of 86%.

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