Bullboard - Stock Discussion Forum Rainy Mountain Royalty Corp V.RMO

Alternate Symbol(s): RMNXF

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:RMO - Post Discussion

Rainy Mountain Royalty Corp > RMO May Have Life

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Post by RayWinnipeg1 on Dec 08, 2020 6:02pm

RMO May Have Life

This is one of the most frustrating stocks I have ever owned, been through two to three devaluations and we're at 10 cents. The whole ownership group should be fired due to poor performance, but let's put that in the past as we are where we are. The company capitalization is $544k... Any good news should throw the stock into multiplier mode, such as Copper Lake reporting on the Marshall Lake property in the coming weeks. If this is positive and Copper Lake increases its position in the property that could mean $500k to $1m for RMO. This is only one of their many properties with activity. I believe the strong mining climate will bring life to RMO. After the 10-1 devaluation that places the ten cent stock price at a one cent value- its as cheap as it can get.

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