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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

Bullboard Posts
Post by landsman8on Nov 05, 2003 11:26pm
174 Views
Post# 6610343

RUP

RUPSomeone has already mentioned speaking with RUP HQ. Wayne Meredith is IR @ 1-800613-7083, very helpful. Good article in Canadian Miner. Don Moore is often in and has experience and contacts across the industry. Mgmt owns 40% of both RUP and KML, they have lived thru hard times and survived with several notable properties, well worth talking with. I'd agree with those who would rather accumulate when no one is interested, buying tired shares that owners sell to chase something else. There is smoke here and it comes from fire in the hole. See what that is and what is being done about it, the wait may not be as long as it seems and the surprises well worth the wait. I've taken my positions on weakness and more than happy now. Look at the infrastructures on both prime prospects vs. the deserts of Mongolia Gold is gold 'round the world, the closer to a mill and smelter the better.
Bullboard Posts