Post by
ritespec on Jul 27, 2016 2:46pm
Rapier Gold (RPR) - Pen South purchase west of Timmins
As per today's news release ......Rapier Gold has arranged funding of over $325,000 for purchase of the Pen South property.
Purchase of Pen South replaces the 5 year exploration option which it had on that property since it was listed on TSX-V in 2013.
imho ....owning the property is better for the company ....rather then the annual obligations to maintain an option agreement.
Such positive actions by management ......may attract investors and improve potential for future stock price gains.
Comment by
andre20 on Aug 10, 2016 9:43pm
ritespec, agree, but I'm totaly taken aback at trading price of rpr in the last weeks... hwy the rise if can purshased was at .05$ ? and options at .08?... carefull guys! GLTA Andre