Rupert Resources Ltd T.RUP

WoW I did the math - based on 2tons per cubic m

[PACO2]

I think there is over 10 million oz at IkKar alone .
This would be one of the richest sites in the world and its easy open pit mining.
At a market cap around $ 700 million US we are still very cheap.
GLTA

[fishcarrier]

I was just kidding yesterday that they better find gold before the Arctic sun disappears. These are phenomenal assays for open pit mining aren't they? But I do see they need freeze-up in order to drill where the water stands.  If I read through their description I need a dictionary to keep up with all these gelogical terms. All the same this sounds very, very rich. And they have a mill

[PACO2]

You gotta love these Ikkari grades. And I particularly like " open in all directions" comments plus we have 18 holes yet to be reviewed at Ikkari alone. Ive been in the golds for over 30 years now. Ive owned a lot of others -  This  is the big one. GLTA

[Nodga2000]

Agreed, but due a pull back aren't we? Surprised not to see the stock push on past $6 yesterday given the drill results. Only closed up 6c to the good - quite a bearish move IMO if you believe in charts etc - sellers coming in at this level and the magic $1b market cap for an explorer proving a stumbling block. Let's hope this is just another buy opprtunity and if we approach $5, I'll

[fishcarrier]

Very much doubt we'll see $5 with the assays they have produced. Early excitement yesterday did push the stock over $6 for a bit, but people still a bit shy it seems. It will soon be time for the Company to do a reserve estimate, and suggest some schedule for starting mining. Then you'll soon see market cap over $1B. Sold some yesterday at $5.96, bought back at 5.79 and 5.69, and some more