Bullboard - Stock Discussion Forum Rupert Resources Ltd T.RUP

Alternate Symbol(s): RUPRF

Metals & Mining Gold

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

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Rupert Resources Ltd > I was actually quite impressed. This is great news as it

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Post by PACO2 on Dec 17, 2020 1:07pm

I was actually quite impressed. This is great news as it

shows that we have gold at the outer most edge of our planned drilling zone.
Plus for the first time we drilled to that 521 m level - and guess what?
We hit high grade gold.
Remember that Kitila site goes 3X deeper than that with very similar geology so its a good chance our deposit goes deeper - much deeper
Plus their grade increased as they went down.- just as our drill results show
Merry Merry
GLTA

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Comment by Nodga2000 on Dec 18, 2020 2:04pm

Agreed PACO and another important point here is that the deposit at Ikkari is extending eastwards. If they can demonstrate that it remains open in all directions and that extension continues, we could be in for the next leg higher. Until then however I think the price is loaded at these levels (probably stating the obvious given how it's traded since October!), but any move below $5 will ...more

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Rupert Resources Ltd