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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 > Red Lake Frenzy
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Post by SuneeDaze on Dec 07, 2019 7:46am

Red Lake Frenzy

Can’t help but thinking that Dixie-Red Lake area companies are going to “explode” if they haven’t already started. Of course, you’ve got BTU speculation running rampant, PAC drilling 10,000 m, GOldOn drilling, GBR, of course, with their recent announcement to increase drilling to 200,000 m in 2020, and Evolution Mining moving in with their takeover of Newmont’s Red Lake area mines.

I think investors in area plays are in for some interesting times ahead.

Have a good weekend!
Comment by dacre on Dec 07, 2019 10:53am
Hopefully somehow our mag survey can generate some interest.  Please word it so it’s somewhat understandable in layman’s terms.  I was hoping for more of a detailed summary of field work as well.  Buried in the nr about mag survey was a couple lines, mainly that they found felsic rocks and sediments and mention that they may have evidence of LP fault or something like that.   ...more  
Comment by diabase1 on Dec 07, 2019 11:13am
Instead of just a Mag survey, they should have flown a combined Mag and EM survey. It would only have cost a BIT more. If they were thinking of VMS deposits, that's the way to go!!!!
Comment by SuneeDaze on Dec 07, 2019 1:03pm
It would've been nice to probably have a separate nr summarizing pertinent facts about initial program.  After all, it's the first time the company has set foot on the land.  We all keep speculating based on regional OGS geology maps....so speculative interests could've been sparked with some more info regarding any interesting finds. It'll be interesting to see what can ...more  
Comment by diabase1 on Dec 07, 2019 1:10pm
Noranda was a great VMS hunter, and so was Selco, and neither of them drilled on this property. Hmmmmm!!!
Comment by SuneeDaze on Dec 07, 2019 1:39pm
Personally I'm content with gold...hmmmmm!
Comment by diabase1 on Dec 08, 2019 4:05pm
So am I Sunee!!
Comment by dacre on Dec 11, 2019 8:17pm
Well I’ll take this nice rise that we’ve experienced on little volume.  Won’t take much to send us on another healthy run.  Ask side is so thin as always with the low float.  Be nice to get an update on geophysics analysis before Christmas.  
Comment by trawel87 on Dec 29, 2019 1:40am
This post has been removed in accordance with Community Policy
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