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Rockhaven Resources Ltd V.RK

Alternate Symbol(s):  RKHNF

Rockhaven Resources Ltd. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of mineral property interests located in Canada. It is focused on the exploration and development of its 100%-owned Klaza Property, which hosts the Klaza Deposit and numerous explored exploration targets. The Company’s Klaza Property hosts a gold-silver deposit located in the Mount Nansen Gold Camp in southwestern Yukon. The Klaza project is comprised of 1,478 mineral claims and covers an area of approximately 287 square kilometers (km2). All of the mineral claims comprising the Klaza project are located in the Whitehorse Mining District, approximately 50 km west of the community of Carmacks, in southern Yukon Territory. The Klaza project includes the BBB, Sked, Desk, Dade, Queen and Nor claims located in the Whitehorse Mining District, Yukon Territory. It also includes the Val claims located in the Whitehorse Mining District, Yukon Territory.


TSXV:RK - Post by User

Bullboard Posts
Post by Oilpig1on Jan 02, 2020 4:59pm
272 Views
Post# 30512773

Some Fundamental's

Some Fundamental's Total shareholders' equity: 36,026,728 (2019-11-19 balance sheet). Todays Market Capitalization: 28.14M (Scotiaitrade). Right now we are undervalued by 7,886,728 or 0.04. These drill results will make it really undervalued. If they find say 10 million more in gold, which shouldn't be hard, would make us .14 cents undervalued. I have know idea how much gold they have added. Another quick way to value a exploration company is (gold in the ground 40oz)shares outstanding, this gives us a 0.34 value @1.6m gold equivalent. Or 0.19 using 907,000 indicated. I watched an explorer sell last year for 934M with 2.2M oz, 40 km from a power line. I usually trade oil and natural gas, if gold passes 1534 it's going to 1554. 1554 will be hard to pass but if it does 1669 is within range and 1528 will become the new support.
Bullboard Posts