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Renforth Resources Inc C.RFR

Alternate Symbol(s):  RFHRF

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.


CSE:RFR - Post by User

Renforth Resources Inc
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Comment by u2bobon Sep 04, 2020 10:24am
110 Views
Post# 31509914

RE:RE:RFR STILL TRADES AT A DISCOUNT...

RE:RE:RFR STILL TRADES AT A DISCOUNT...
TrueCanuck1 wrote: I have questions:

1)  When is Closing expected?

2)  FRC publication has a spelling error in part (b) of its Opinion?  ... "RFR to retain an exposure to New Lager's upside"?   Can you beleive that?

3) PR Content section:  ...."Upon closing, RFR will have $8.6 M in cash and securities. "  So, in FRC Opinion, part (b), 68% proceeds in 2) above equals $5.85 M in RDS shares (currently trading at $.31 ) equals $18.87 M shares. Am I correct?

Thanks,

TC


1 - Middle of the month hope there is a NR stating the price .135 cents Canadian with a lockup agreement in place... 2 - Maybe they where trying to say what do you get when you mix New Alger with Obrien ...New Larger...lol 3 - FRC should invest in a calculator...at the end of the day my bet is Obrien New Alger will be bought out for a very nice premium to what it trades at today making our 12 million shares a very nice profit ! Plus another 1.5 millon on change of control ...they just need to keep drilling... gold is there : )
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