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Bullboard - Stock Discussion Forum Red Lake Gold Inc C.RGLD

Red Lake Gold Inc. is a Canada-based junior mining exploration company. The Company’s principal business activities include the acquisition and exploration of mineral property assets. It is focused on high-impact gold exploration through its 21,238-hectare district-scale Whirlwind Jack gold project situated near Red Lake, Ontario. Its projects include Whirlwind Jack Gold Project, Fenelon North... see more

CSE:RGLD - Post Discussion

Red Lake Gold Inc > Share Price Movement Comparison...Interesting
View:
Post by SuneeDaze on Jul 20, 2019 10:47pm

Share Price Movement Comparison...Interesting

Here's a quick comparison of share performance over the last two weeks (from July 8 to present).  Each of these companies is operating in the Dixie area, and have seen considerable activity.  The first price is from Mon. July 8, second price from this Friday.

GBR     $4.40     $5.43     +23%

BTU     0.18     0.21     +29%

PAC     0.15     0.18     +16%

GLD     0.70     0.70     0%

RGLD    0.07    0.135    +93%

I believe much of this is the increasing awareness that RGLD is gaining in the investment community.  Our low float would also be a huge part of it.  With only 25 mil. shares, our sp needs to go up 0.04 to increase market cap by a million compared to 0.01-0.02 for each of the other companies.  Also with Ryan holding over 20% of the stock, we will see more volatilty as we're fairly illiquid.
Comment by SuneeDaze on Jul 20, 2019 10:51pm
My bad... our closing sp was 0.13, not 0.135 which would give RGLD a gain of 86%.
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