All-time stock price lows and recent high-grade copper analysis have aligned for a perfect time to buy shares of Rockridge Resources (TSX-V: ROCK).
Recent grab samples at the company’s Knife Lake Project returned significant results of 1.6% and an even more staggering 4.06% copper. Although these samples aren’t indicative of mineralization throughout the deposit, a 4.06% copper yield is astonishing and hopefully represents a potential for promising results from further testing.
Field crews were only able to investigate a limited number of high-priority regional targets on the property, and additional fieldwork is required to adequately study the source of these newly defined regional conductors. Interpretation of field results and geophysical modeling is underway to further refine drill targets for $ROCK.V’s upcoming diamond drill program.
If $ROCK.V is able to deliver equally impressive results upon further testing, I expect shares to see a huge boost in prices. We’ve seen companies 5X their stock price on much less promising results.
$ROCK.V is currently trading at $.095 and the company is valued at an MCAP of $6.93 million.
https://ceo.ca/@nasdaq/rockridge-resources-reports-406-and-160-copper