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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 Nodga2000on Jan 14, 2021 4:25am
135 Views
Post# 32292016

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

RE:RE:RE:RE:RE:RE:RE:RE:Alan owns too much to be selling on the open marketI still think you are worrying too much and need to remember the bigger picture. His holding is worth nearly $100m! If it was me I would probably dump the lot and move on, he's not doing that, he's been selling small size in a (mainly) rising market, then occasionally buying back on weakness. Don't you think if he didn't see a future for this stock he would be selling more aggressively? I see nothing wrong in his actions.

On another note, it would be good to see some news flow to get us going again!!

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