RT Minerals Corp (RTM)

[JonnyRBuck12]

The signs are clear, Donald Clark purchased 3 million shares in December for $90k, then he also lent RTM $22.5K to finish the Norwalk property acquisition in March. That shows he's eager to see this project move forward. So my guess is they'll either push the price and exercise all the warrants, or find a JV partner, maybe a bit of both.

From the MD&A

On March 30, 2020, the Company received a loan of $22,500 from a director that bears interest at 10% per annum, is payable on demand after April 30, 2020 and may be secured by a lien placed against the RT MINERALS CORP. INTERIM MD&A – QUARTERLY HIGHLIGHTS FOR THE THREE MONTHS ENDED FEBRUARY 29, 2020 PAGE 7 Company’s Norwalk property in the event of default. The loan was used to make the final property option payment to acquire a 100% interest in the Norwalk property