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Rackla Metals Inc V.RAK

Alternate Symbol(s):  RMETF

Rackla Metals Inc. is a Canada-based junior gold exploration company. The Company is targeting Reduced Intrusion-Related Gold Systems (RIRGS) mineralization on the southeastern part of the Tombstone Gold Belt in eastern Yukon and western Northwest Territories (NWT). Its projects include Tombstone Gold Belt, Astro Plutonic Complex, BLACK, FLAT, JOS, RAK Main and GOSSAN. The Astro Plutonic Complex project includes Astro West Project, Yukon, and Astro East Project, NWT. The Company owns a 100% interest, subject to a 2.5% NSR royalty interest, in the Astro East gold project, an approximately 288 square kilometer exploration property. The Company owns a 100% interest (Astro West Project), subject to a 2.5% NSR royalty, in the Mayo Mining District, Yukon, along the NWT border. Its RAK Main and Jos Projects comprise 13 claims covering around 10,100 hectares. The Company owns 100% of two claim blocks known as the Black Claims and Flat Claims totaling nine claims covering over 9,500 hectares.


TSXV:RAK - Post by User

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  • megacopperX
Comment by megacopperon May 09, 2025 8:35am
56 Views
Post# 36567400

RE:Short-term top v potential

RE:Short-term top v potential

4marlin wrote: Given the recent run in the sp, it is not surprising that some de-risking is going on; likely exacerbated by warrants being exercised.
Wrt warrants, Simon noted in the webcast 2 days ago that some volatility is likely as a result.
Imo, this will provide a last opportunity to get in here at anything like present valuations.
Drilling is funded and likely to begin in approx 2 months.
So far, all boxes have been checked and this undrilled, early-stage, exposed, large target is imo as prospective as SGD's Valley was a few years ago.
As ever, time will tell.
Bb


 


I agree with everything you have stated. Difficult to believe the lack of interest in Rackla given the huge potential of this prospect given the similarities with Snowline's deposit. Oh well there is an opportunity to buy some more for anyone wishing to increase their position or good opportunity for any new investors to start a position. RAK could end up being the best performing gold junior in the Tombstone Gold Belt this year in my opinion. That BiTe target at Grad certainly looks like a good one to me. 

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