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RIZAL RESOURCES CORPORATION V.RZL.H

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval...


TSXV:RZL.H - Post by User

Post by NewNewellon Apr 28, 2020 2:06pm
303 Views
Post# 30962890

No Ownership Change

No Ownership ChangeI'm glad to see some hope for this company!  Website is back up and somebody has corrected Google's information on ownership of the company.

The website has information regarding the spin off of the 2 future (Batoto and Comval) projects to pay for debts.  This is discouraging because the future development of these resources would have made this company a world class operation.

But, to be able to actually mine at T'boli, a resource that is accessable now, is better than having 3 properties and doing nothing.

It says Neil Grimes has taken the lead now.  This is really good news.  If there is any chance for this company to resume trading, he has the ability to make it happen.

Hopefully the World will soon open back up and mine will start processing those $1700+ ounces!
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