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Bullboard - Stock Discussion Forum Newpath Resources Inc C.PATH

Alternate Symbol(s):  RDYFF

Newpath Resources Inc. is a Canada-based company engaged in the business of acquiring, exploring, and evaluating mineral resource properties in Canada. The Company’s Northshore Gold Property is located in the Schreiber-Hemlo Greenstone Belt, approximately 115 kilometers (km) west of Hemlo and 200 km east of Thunder Bay. It owns an interest in mining rights of 11 contiguous claims comprising a... see more

CSE:PATH - Post Discussion

Newpath Resources Inc > Small float and a proven gold reserve can spark growth
View:
Post by Quartzite on Feb 02, 2021 4:48pm

Small float and a proven gold reserve can spark growth

It looks like there was a little bit of a pump and dump but it still seems to be a good entry point.
Comment by lifegoeson on Mar 09, 2021 10:21am
Quartzite.... RDY just started trading in January, so I suspect there will be a lot of loose stock around for a while. The people who financed this had great dreams of running along with the great resource trading market we have had in years, so they took a chance and financed higher (even after this finnacing they have less than 30 M shares outstanding). Incentive stock options are being cut at ...more  
Comment by Quartzite on Mar 09, 2021 10:57am
It does look like a good buying opportunity but you got to wonder how the fluctuation of gold pricing will affect the stock price recovery. This is a crazy market. The wrong stocks are going up on rumours and speculation. Stocks that have something to offer keep lagging. Nothing makes sense anymore. Good luck.