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Bullboard - Stock Discussion Forum 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 ... see more

TSX:RUP - Post Discussion

Rupert Resources Ltd > It is important that we define the true dimensions of Ikarr
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Post by PACO2 on Nov 12, 2020 10:41pm

It is important that we define the true dimensions of Ikarr

i before we option it to anyone.
It is  "open in all directions"  with latest long finds of over 6g/T.- this is really rich
This deposit is looking like one of the largest in the world at this time and much larger than what Agnico Eagle has pretty much anywhere.
I think that this will be one of the great finds of the century.
Provided the gold price is stable my pencil says we are worth over $24 right now.
If the deposit grows - who knows ?
GLTA
Comment by yakker5 on Nov 13, 2020 12:44am
Ok Paco, so you've opened a can of worms here. Would you care to share how your pencil came up with that figure? Just for my curiosity.
Comment by Nodga2000 on Nov 13, 2020 7:10am
Yes would love to see your workings PACO - I note you mentioned there could be 10m ounces at Ikkari earlier in October and I called there'd be some profit taking back to $5, glad there was as picked up more!