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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 eatmorefiber2on Jan 13, 2021 2:34pm
191 Views
Post# 32286616

RE:RE:RE:RE:RE:Alan owns too much to be selling on the open market

RE:RE:RE:RE:RE:Alan owns too much to be selling on the open market
Nodga2000 wrote: At the beginning of November he had 19,711,800 shares, this was after going on a bit of a buying spree around $5.
He now has 19,651,500.
So, he’s reduced his holdings by 60,300 a GRAND TOTAL OF 0.3%!
That’s not what I call dumping stock. In fact over the years he's been massively accumulating stock - I won't be surprised if the next SEDIinsider post shows him buying again.



I never said he was dumping.  I said he may be selling.  Which he is.  He's not accumlating in the open market.  He's exercising his 2 cent options.  Huge difference.
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