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Rainy Mountain Royalty Corp V.RMO

Alternate Symbol(s):  RMNXF

Rainy Mountain Royalty Corp. is a Canada-based mineral exploration project generator. The Company is engaged in the acquisition and exploration of mineral resource properties. The Company’s focus is to acquire early-stage exploration opportunities and deliver them drill target ready to joint venture partners. The Company holds multiple property interests in Ontario and is primarily focused on shear hosted gold and base metals properties with associated gold and silver credits. The Company’s projects are Marshall Lake property, and Lake Brunswick Properties. Its other properties consist of the Clay/Powell and Norton Lake Properties. The Marshall Lake property is in the Thunder Bay Mining Division, Ontario. Its Brunswick Properties consist of 13-claim units located in Brunswick Twp., Ontario. It owns a 100% interest in claims located in the Thunder Bay Mining Division, Ontario. The Company holds a 30.21% interest in the Norton Lake Property.

TSXV:RMO - Post by User

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  • RayWinnipeg1X
Post by RayWinnipeg1on Feb 10, 2021 8:32pm
Post# 32533456


splitsHey analazer, so you have invested just like I have- I bought off of a sask tip from a geologist- east west resources.  They have at least split one more time than you recall- recently there was a 1 share for 3. Here's the deal- they have lots of properties and have been around for roughly 40 years plus.  With all those painful splits they now only have market cap of 1.5 mil.  Now you tell me if they announce one or two good deals where the stock price will go.  Value of 6 mil in deals should translate into a stock price of .50-.60 easily.  They also quietly get picked up with no news, even though they mentioned in one of their private placement announcements that some of the money was going to drilling on one of their owned properties.... I'm thinking results will have to come out at some point.  
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