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Route 109 Resources Inc V.RTE

Alternate Symbol(s):  MRIRF

Metals & Mining Gold
Route 109 Resources Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It holds 100% interests in the King Tut property that includes 120 contiguous claims covering an area of 5,333 hectares located in the Ligneris and Celoron townships, Province of Quebec; and the Dunlop Bay property, which comprises 76 mineral claims covering an area of 4,226 hectares situated near Matagami, Province of Quebec. The company was formerly known as BMEX Gold Inc. and changed its name to Route 109 Resources Inc. in October 2024. The company was incorporated in 2017 and is based in Vancouver, Canada.


TSXV:RTE - Post by User

Route 109 Resources Inc
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  • edmedX
Comment by edmedon Feb 04, 2021 2:25pm
178 Views
Post# 32472290

RE:Looks like the retail guy gets screwed again...

RE:Looks like the retail guy gets screwed again...
The drop is more likely related to gold price
Down over $40 US today

Gold price may be breaking down under 50 day MA and that may mean some short term pain til it settles at support which may be down around 1780.

If this does not hold then 1680 is possibe

Doesnt matter how good the core samples are if POG is dropping

edmed
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