Bullboard - Stock Discussion Forum Reunion Gold Corp V.RGD

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Reunion Gold Corporation is a Canada-based gold explorer in the Guiana Shield, South America. The Company is primarily engaged in the acquisition, exploration and development of gold mineral properties in the Guiana Shield region in South America. The Company’s flagship project is its 100%-owned Oko West Project located in Guyana. The Company also has an interest in other gold exploration... see more

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Reunion Gold Corp > Drilling Results

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Post by Little1234 on Feb 11, 2023 1:21pm

Drilling Results

I take it the drilling results just released were NOT very favourable because the share price is down. Has anyone with more knowledge than myself looked at the results. I would appreciate your comments.

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Comment by CanInvestor1955 on Feb 27, 2023 12:03am

the results were exceptional. Here is the Sprott report dated Feb 24 2023 Ticker: RGD CN Market cap: C$329m REC. (unc): BUY Est. cash: C$49m Price: C$0.33/sh TARGET (unc): C$0.75/sh Project: Oko West Country: Guyana RISK RATING (unc): SPECULATIVE 24 February 2023 G Mining Services selected to lead the Oko West PEA on the back of the maiden resource (also G Mining) is very ...more

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Comment by CanInvestor1955 on Feb 27, 2023 12:04am

And this from Paridigm 200%. It has paused in the first month of 2023, down 8% YTD versus +4% for its explorer peers. We are asked, is RGD now expensive? We think not. Yes, with a market cap of $314M there is clearly a lot of anticipation of further good results. Based on our 4Moz estimate, this works out to ~$90/oz, once mill recovery is considered, well above our Takeover Twenty average ...more

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Reunion Gold Corp