Renforth Resources Inc C.RFR

Alternate Symbol(s): RFHRF

Metals & Mining Gold

Renforth Resources Inc. (Renforth) is a Canada-based company that is engaged in the acquisition, exploration and development of mineral properties in Canada. The Company wholly owns approximately 300 square kilometers (km2) Malartic metals Package (formerly called the Surimeau District Property), which hosts numerous areas of polymetallic and gold mineralization, each with various levels of exploration, as well as a certain amount of unexplored ground. In addition, Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. Renforth also holds Nixon-Bartleman Property, which is located in West Timmins Mining Area, in the western part of the Porcupine Mining Camp. The Company owns Malartic West Property, which is located west of Renforth’s Parbec Property, contiguous to the Canadian Malartic Mine property. It also owns Bousquet property, which is located in the Quebec-Cadillac camp.

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Renforth Resources Inc

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Comment by CaptainDuffon Jul 21, 2020 1:26am

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Post# 31294328

RE:3 Reports On RFR ...

Nicole has at least two ways to go: she can bulk sample to cash flow right now or she can sell all or some of the ounces in the ground she has. Or both.

Ounces at surface make the whole project cheap and feasible. If you are a company with a mill with excess capacity, a joint venture or a straight up buyout would be attractive and it will be more attractive as the gold price rises.

I can't imagine selling at .12-.14. RFR will be rerated to .25 the day they pour gold and run from there. They have about 500K ounces. Do the math and make it simple, assume $1500 USD per ounce. That is a resource worth $750M. Current market cap, 11.3M.

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