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Regulus Resources Inc V.REG

Alternate Symbol(s):  RGLSF

Regulus Resources Inc. is a Canada-based international mineral exploration company. The principal project held by the Company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project is located approximately 600 kilometers (km) north of Lima and 50 km northwest of the city of Cajamarca, on the world-class Miocene Au-Cu-Ag belt of northern Peru. The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compania Minera Coimolache, Buenaventura-Southern Peru); 7 km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km NW of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. It has completed 31,666.99 m of drilling on the AntaKori project. The AntaKori project hosts a resource with indicated mineral resources of 250 million tons and inferred mineral resources of 267 million tons.


TSXV:REG - Post by User

Post by sickofthis1973on May 26, 2021 4:43pm
166 Views
Post# 33272379

Fujimori

FujimoriHere is the thing.  Chile just f**ked themselves with this new tax system, they are also striking again and copper is at an all time high.  I'm guessing anyone in Peru with a head on their shoulders would be thinking it would be a great time for Peru to take over the worlds #1 mining spot and get some money back into the economy.  Castillo's propositions are all very romantic but socialism doesn't work out very well when the government is broke and they've scared away all foreign investment.  I hung in there on this one and i'm cautiously optimistic that Fujimori will win this election and if that happens this stock should come back to a more sensible valuation.  Allegedly the management has a good track record.  i guess this mess in peru is a fair excuse for this share price but if fujimori wins it would be really nice to see them get something done.  i've been in this one way too long.
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