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Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt (CLGB), part of the Fennoscandian shield, which hosts 1700 known incidences of mineralization in Finland, Sweden, Norway and Russia, including around 80 mines. The Company also holds a 20% carried participating interest in the Gold Centre property located adjacent to the Red Lake mine in Ontario. The Gold Centre property lies to the southeast and within the shadow of the headframe of Evolution Mining’s Red Lake Mine (which has produced 23.8 M ounces of gold at an average grade of greater than 1/2-ounce gold per ton (or greater than 15.6 g/t).


TSX:RUP - Post by User

Comment by GentlemanTraderon Jan 05, 2021 3:46pm
130 Views
Post# 32225970

RE:RE:RE:RE:RE:RE:Rup pdm and SIE.065 best plays in Finland

RE:RE:RE:RE:RE:RE:Rup pdm and SIE.065 best plays in Finland
Sorry Idk about that company. My investment in gold is limited to RUP. I could be biased with RUP but I believe that if gold keeps climbing as it's expected, it will push the big guys such AEM, B2G or even KL to be more complacent with their profit money and extend an interesting offer for RUP. James W is referring often in his last interview to spring/summer 2021. I have faith that something major will occur by then. He must already be in discussion with some players about potential buyout or exploitation... The gold price will make many things happening in the near future and that's why I'm holding tight to RUP. A company like AEM or KL have been built to be profitable when gold price is around 1-1.2K. If gold rises to 2500, they pretty much double their profit with no extra effort... They will definitely be on the look out for extending their gold reserve and that's where RUP becomes very appealing.
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