Rupert Resources Ltd T.RUP

Alternate Symbol(s): RUPRF

Metals & Mining Gold

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).

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Rupert Resources Ltd > Should have sold when James and other insiders sold E.O.M

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Comment by goldanalyston Jul 18, 2022 5:45pm

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Post# 34832791

RE:RE:Should have sold when James and other insiders sold E.O.M

they probably correctly predicted the gold price decline
management is still holding some shares but they've definitely sold a large part of their holdings
they still have enough skin in the game to get this company moving forward
hope something good comes along for rupert
good thing is we do have 4 million quality ounces proven
should help up keep some value through this storm

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