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Many people in the know , know about the area they are in Nevada. They are next to 100 million ounces of gold reserves...
The key here is the area they are in. Jerrit Canyon is an incredible area for gold
This one has a ton of potential. When you look at the sucess in the area they are in it is evident why the investment bankers would be so interested in RNGG. With gold continuing to rise and big developments on the horizon the next few months should be a good time to be a shareholder.
I bought here last month, but I am now eyeing to go in again.
I've been looking for a real nice gold play and I think this the one after exhausting research.
I agree once they get the financing secured and start the drilling program things will begin to get real interesting here. .30 cents looks like the new base.
I'm just going through reading up here again contemplating another big buy. I have a large position here but may go in again. This last PR was very telling
Reno Gold Corp. Reports on Recent Meetings in Toronto
Tuesday October 30, 2:15 pm ET
VAUGHAN, ON--(MARKET WIRE)--Oct 30, 2007 -- Reno Gold Corp. (Other OTC:RNGG.PK - News) is pleased to report that it held numerous meetings in Toronto with investment bankers and fund managers in Toronto last week.
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Paul Diana, President and CEO of Reno Gold Corp., announced, "We held a number of meetings with investment bankers last week in Toronto. The company was well received and a number of funds expressed interest in the company and the Good Hope project in Nevada. The property in Nevada is in an area which has over 100 million ounces of gold reserves."
"Reno Gold Corp. is a Nevada gold play. The investment bankers in Toronto are well aware of all the players who are next to the Good Hope property and they recognized our small market cap gives our shares significant upside," said Mr. Diana. "The company was referred to other investment banking contacts in New York City. We anticipate going to New York City in late November. Our intention is to close a financing with some of these contacts by the end of November. Once we get the financing in place we will accelerate our drill program and maximize the value of our Good Hope property. The company was also offered other interesting properties in Nevada. This could be a very interesting two months for our shareholders."
Is it true that 60% of shares are held by insiders here?
I think December is going to be a monster month here.
I will be looking to add some RNGG this week as it looks like we should be getting close to a financing announcment based on the timeline in the Sept 25th PR. We are closing in on the 60 days that was mentioned in the PR and based on the PR on the meeting with Investment Bankers on Oct 30th it looks like were close to a big announcement. With the low float it wont take much buying pressure to move this up nicely.
Agreed.............I expect us to see news here after Thanksgiving
RNGG getting some volume here..
GM RNGG is quiet today .24x.30 :) Looking forward to the close of the PP
Good move............
GG been lurking around. im still holding my RNGG. holding for the next couple of months.. :)
Where are u GG?
steady accumulation from what I can see...Once the private placement will be close, there will be nothing to stop the stock from moving higher. -Gecko
Quiet day here today..........
RNGG .24x.30 im going to sneak a bid in here very soon
no financials from what I know. It's a pink, I did hear that they intend to uplist. Play the stock as a gold play/low floater/besides newmont. Once their private placement close by end of November the stock will move fast. The time to get in is now. In my opinion -Gecko
I haven't found any financial reports yet, like where is their balance sheets? I scanned through some posts, if you could give me a link to any of their financials i would appreciate it. I deffinetly am keeping an eye on this one.
hi declined, nice to see you here :) Yes, chart wise she looks ready to explode. On the fundamentals side you CANT go wrong investing in gold play..RNGG has a float of 4 million can u imagine how high she could go once they start drilling? take a look at EVOGF for an example....-Gecko
I will agree that this stock is poised for a huge leap. The only issue i have now is that i have no free funds to buy any. Hopefully i can free some up before this explodes.
You got it........the easiest place to find gold is where there is gold........there are over 100 million ounces in this area............many many big players in jarritt canyon
RNGG besides EVOGF
EVOGF will be starting their drilling process shortly.
RNGG could experience a similar move in a few weeks, their drilling program is expected in December.
I love what I see on Reno Gold..
a float of 4 million with insiders holding 80% of the O/S (26 million shares). With properties just beside Newmont (NYSE:NEM) and other major gold producers, the odds are extremely good that they will hit gold especially in Nevada where there is over 100 million ounce in proven reserve. I also just went quickly through the technical report on the Good Hope Property. It looks like drilling will start in December and they are very confident that they will find gold.With their private placement to close by end of November. I think we could see a move to 50-60 cents in the coming weeks. -Gecko
Got to love the green
So will I GG..............so will I
im still holding some RNGG..will add more, it looks like we have steady accumulation. Newmont hmm..If RNGG can achieve just 10% of NEM market cap, i'll be more then happy :)
Next to the independence mine.........NEWMONT
no doubt, the odds are pretty good given their location.
A drill hit in Nevada and this could go to the moon
The next 2 months should be interesting per their latest PR..Once they get their financing there is nothing stopping the stock from moving higher. -Gecko
Our intention is to close a financing with some of these contacts by the end of November. Once we get the financing in place we will accelerate our drill program and maximize the value of our Good Hope property. The company was also offered other interesting properties in Nevada. This could be a very interesting two months for our shareholders."
u got it.......the stock is ready to go
if there is only 4 million in the float and we have traded over 3 million this year alone...I guess there are not many shares left for people to buy when the big news hit hein?
u got it..........good upside
once they get their financing in place and get some private placement the stock will move higher. That is key to all gold play. I am also hearing that drilling will start in December..With their claims in the Nevada area they should do extremely well. -Gecko
so insiders hold about 26 million shares..that's pretty good.
80% of the outstanding that is a very good sign. Do you know what is the O/S?
Yes, I am hearing good things about this one. BIG things coming up later this year.
RNGG will move to 40-50 cents from what I hear. Nevada Gold is the place to be. With a tight float any small buying take this baby much higher. -Gecko
very hard to $ell thi$ one.......
Looking there, won't be long until 1,000
Nice chart,,,,,,,,,,,,
looks like a new high in 10 years!
Crazy day on gold
good day for the gold index though
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Market Value1 | $405,443 | a/o Jun 08, 2015 | |
Authorized Shares | 100,000,000 | a/o Jun 01, 2012 | |
Outstanding Shares | 33,786,904 | a/o Jun 01, 2012 | |
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Held at DTC | Not Available | ||
Float | 9,181,361 | a/o Jun 19, 2008 |
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