RE:RE:RE:Potential Near Term Catalysts?Regardless of what bufordpusser, financial nostradamus, may think, I feel there could be a number of catalysts for RGLD's sp moving forward this fall.
Any positive exploration updates on our field program has the potential to give us a boost. Should the company release that they've discovered and sampled any mineralized zones, zones of alteration, quartz veining, shear zones, visible gold...obviously, the showing that previously provided the 7 g gold / t sample, any/all would lead to speculation/anticipation.
Of course, should RGLD release that they've uncovered the LP Fault over x metres and have begun sampling...another positive. Remember, it's the LP Fault that GBR feels is the control for gold mineralization on their property...and so far is the only company to have a property that definitely hosts it...other than apparently us. GBR's own maps show it trending onto our property along with bands of mafic and felsic rock units (also integral). It's confirmation would be a considerable plus (though not necessarily a guarantee of gold).
Also, any positive assays from grab samples, chip or channel samples...or positive visuals would all be a plus. And let's not forget any momentum that the key players will garner with further positive results from the area, particularly Dixie and the LP Fault where they'll continue to drill off their stated 90,000 m drill program over the next year on route to a resource calculation. Having the bordering property to a potential mine(s) sure isn't going to hurt us.
I feel that any of the above could be catalysts for further speculation and sp appreciation, and also confirm that RGLD is a solid explorer in their own right and more than an "area play". Having Toby Hughes on board as our VP Exploration is definitely reassuring that his in depth knowledge of the area (he worked Dixie) will be applied to garner the best results. I also feel confident that Ryan realizes the importance of all this and will continue to keep investors and the market updated.
Have a great weekend!