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Bullboard - Stock Discussion Forum Route 109 Resources Inc V.RTE

Alternate Symbol(s):  MRIRF

Route 109 Resources Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the jurisdiction of Quebec, Canada. The Company is focused on its 100% interest in its two projects, both located in the prolific Abitibi greenstone belt: King Tut Project and Dunlop Bay Project. The King Tut Project consists... see more

TSXV:RTE - Post Discussion

Route 109 Resources Inc > Looks like the retail guy gets screwed again...
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Post by RazorRamone777 on Feb 04, 2021 11:29am

Looks like the retail guy gets screwed again...

Not a good sign with a big sell like this just before assay results, kinda makes you think the word is out to the connected. They did say there was some V/G in a few of the cores, so it can't be all bad. Or can it???
Comment by edmed on Feb 04, 2021 2:25pm
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
Comment by RazorRamone777 on Feb 08, 2021 10:43am
Why so much down side volume? Especially when assays are due? V\G was reported in 3 cores, was that BS? They say in a poker game, if you don't know who the fish is, that means you are the fish. I am starting to feel like a trout.
Comment by edmed on Feb 08, 2021 11:39am
agree with you Razor does not bode well for assay results glad I did not buy a lot edmed
Comment by RazorRamone777 on Feb 08, 2021 12:42pm
Damn the torpedoes, I'm buying more! When all the Nervous Nellies are selling, it's time to buy!!!
Comment by chucker6 on Mar 11, 2021 10:15am
you were right, should have know watching the sell down. terrible results today. in at .43 out soon at ?
Comment by chucker6 on Mar 11, 2021 10:26am
Jan 6 visible gold. March 11 invisible gold. PG can eat it.
Comment by goldbug1965 on Mar 11, 2021 8:07pm
We just got Grandiched ! 
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