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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

Bullboard Posts
Comment by u2bobon Sep 09, 2020 6:27pm
96 Views
Post# 31530859

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

RE:RE:RE:RE:RFR STILL TRADES AT A DISCOUNT...Hey Peter ...We are in a way better spot today than before the sale of New Alger....any low ball offer today will not fly...so I have been buying for that reason...cashed up with 2 properties now being drilled...my hope instead of buyout is to watch Radisson get bought out after 75,000 meters of drilling and a few 43-101 on the property for say about 3 bucks or higher : ) that would give us a lot of cash and Nicole has said a few times that she would like to give shareholders a cash dividend ...then depending how many ounces we can drill out of Parbec ...another sale but at a much higher price than I care to guess...I worry about O3 mining they would likley try a buy us out ...outright rather than a sigle property they have option on Denian Persian ...if they like what they see on the Eastern end of the Cadillac break and we have drilled out Parbec it would make sense for them to take us out with their backing of Osisko ...but by then I hope we are trading a LOT HIGHER THAN TODAY...LOL...and if they did make a buyout for the Cadillac break properties I would hope Canadian Malartic would counter offer any bid...we could do a spin off for the other properties : ) All this is wishful thinking but if gold hangs around $2000 U.S.or higher all bets could be off the table...Covid 19 tensions with China and non stop printing of money bodes well for gold and Renforth ...we are not looking we have gold ...drillbit will tell the story and value could be $$$ or cents ...The right time and place im looking forward to drill results : )
Bullboard Posts