RE:RE:RE:This IS interestingI am always amazed that our CEO Sean, responds, and in quick fashion, to investor's queries even though at times, like this one, there seems to be no immediate news to comment on. So either due to iTMX's nsider's "no responsel regulations or there's really is nothing to share at this time or ???, there is little to share here.
HOWEVER, part of Sean's reply note that reinforced my conviction re being a RRS investors is the following comments: "I’m a holder and would remain a buyer, I do believe we are absurdly undervalued, looking at the Company from a number of different angles."
So my take on RRS is this:
- the Stone business has been stated as hitting production/cash targets, and IS generating margin $ well above the cost of production/administration. RRS is gearing increasing production to align with full permiting levels.
- Langmuir nickel is (probably) assigned ZERO, or next to zero, value by the marketplace even though as EV demands grow, our Ni resource has great value.
- MFFP has to (eventually) get off their Caribou (I think that's more appropriate than using horses) and decide a policy re Woodland Caribou. Whether their decision leads to compensating RRS for what was put into Silicon Ridge, or allowing RRS a permit to mine Si, RRS will come out a winner,
- The purer Quartz of Snow White will see product sales.
All IMO, of course, but I'm bullish on RRS's prospects.