Comment by
zzstocks70 on May 10, 2021 5:59pm
Not going anywhere until a good drilling update. Stock is worth .50 to .60 as it sits imo. Good results and that will change. Glta
Comment by
PennyWise416 on May 10, 2021 11:31pm
I'm envious of your patience. Something I have to learn. But is the stock really worth $0.50 - five cents pre-consol? Completed PEA with gold reserves over 0.7M oz (that they're actively expanding)? And a mid-tier producer on board? This isn't your run of the mill junior explorer. RPX explored, found what they're looking for, and are finding more.
Comment by
Northyork on May 11, 2021 6:07am
Up until now they are not worth more than 10 cents. With 2 times of a reverse split and with what they have proven up so far a big mining company won't even look there way. When they prove up at least 5 million ounces start bragging than. Up until now you have no return on your money for the long term shareholders that have been in this for a while.
Comment by
PennyWise416 on May 11, 2021 10:20pm
10c would give a market cap of 7M. Even during the dark days RPX never got that low. 25c was the bottom. Because of its location I'd reckon a major would take over for a lot less than 5moz. It's right off trans can. No fly in, no ice road. Don't get that too often.
Comment by
Northyork on May 12, 2021 2:39am
I agree with you on the property part excellent location but if they don't prove more up it's worthless. Stock price was trading at 2 cents last year.