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Anyone pay 0.08 and sell at or close to the top
Dropping a lot, feel no gold, time will tell
I have a feeling no gold jmo, huge speculating
Getting interesting in terms of stock price headed
Speculating, huge,this goes to zero
Rupert rises on 'spectacular' results from Ikkari
Rupert Resources has reported more “spectacular gold intersections”, CEO James Withall said, as it works towards a maiden resource for Ikkari at its flagship Pahtavaara project in Finland.
Rupert rises on 'spectacular' results from Ikkari
Winter exploration at Rupert Resources’ Pahtavaara project’s Area 1 in Finland
Exploration / Development > Resource-definition
18 March 2021
Results included 169m at 3.6g/t gold from 406m, 36m at 4.5g/t from 372m and 68m at 1.2g/t from 29m at Ikkari.
The company said one of the earliest holes drilled at Ikkari had ended after intersecting several mineralised zones, reported in June 2020, and the hole had been extended - intersecting 28m at 4.2g/t from 406m, extending the high-grade mineralised zone by more than 100m depth from the previously reported hole.
Rupert had more than C$28 million in cash at November 30 and Withall said in January it was well financed to advance its discoveries to a maiden resource.
Its 60,000m exploration programme is ongoing, with four rigs at Area 1 and an underground rig at the Pahtavaara mine.
The company had reported gold recovery rates of 94-97% from initial metallurgical tests at its Ikkari discovery in December, allaying fears about its refractory content.
Agnico Eagle Mines, which has the nearby Kittila mine, holds 14.9% of the company according to a presentation this month.
Rupert's share price (TSXV: RUP) has soared from about 62c a year ago to peak at $6.20 in October.
It rose 5.3% to close at $4.16 yesterday, valuing the company at $688 million (US$555 million).
https://www.mining-journal.com/resource-definition/news/1406723/rupert-rises-on-%E2%80%98spectacular%E2%80%99-results-from-ikkari
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LATEST PRESENTATION February 2021 - Targeting multi-million ounce gold discoveries in close proximity to a 100% owned permitted mill in Northern Finland
https://rupertresources.com/
https://rupertresources.com/wp-content/uploads/2021/02/210202-RupertCorporatePresentationFEBRUARY.pdf
$RUPRF
FROM (mining.com 07/18/16}
"Top 5 Junior Gold and Silver Stocks for 2016"
"So, if you are ready to start investing in junior mining stocks, here are some of the top performing junior gold stocks and junior silver stocks in 2016. I imagine many of the stock picks on this list will also make the list of best junior miners for 2017. The gains listed here are over the past 26 weeks, as of July 15, 2016."
Rupert resources
#1) Rupert Resources (CVE: RUP or RUPRF) +3,500%
Rupert Resources is a Canadian based gold exploration and development company that is listed on the TSX Venture Exchange. Rupert holds an option to acquire the Pahtavaara gold mine, mill and and claims to a land position of 124km2 in the highly prospective Central Lapland Greenstone Belt in Northern Finland for a total consideration of US$2.5 million.
Pahtavaara is located some 35km by road from the town of Sodankyla. The deposit was discovered in 1986 and since operations commenced in 1996 the mine has produced 350,000oz of gold, with peak annual production of 37koz/a. The operation is currently on care and maintenance but subject to its decision to exercise its option over the property, Rupert Resources intends to commence a comprehensive exploration program to extend reserve life from the current estimate of 1.5 years to over 5 years and delineate further resources from the enlarged licence area before recommencing production.
From one of my post on a Canadian board.
today 7/18 0.76 +0.04 CN
0.588 0.0106 US
GOLD CENTER PROPERTY IS BETTER
Rupert holds a 100% interest in the Gold Centre property, which has the distinction of being one of the best positioned exploration land packages within the entire Red Lake gold mining camp. The Gold Centre property is immediately adjacent to and on trend with the world's richest gold mine, Goldcorp, now working within 600m of Rupert's boundary.
Rupert Resources shares more than double, may buy Finnish gold mine
Share
14:34 17 Mar 2016
Rupert Resources shares jumped by 144% after the company said it had an option to buy permits to Pahtavaara gold mine, and also renewed for 21 years a mining lease encompassing the Gold Centre property in Ontario
image: http://www.proactiveinvestors.com/thumbs/upload/News/Image/2016_03/757z468_gold_nuggets%2C_sized_56eb07a437c61.png
Rupert Resources shares more than double, may buy Finnish gold mine
Option to buy concessions in Finland
Rupert Resources (CVE:RUP) shares jumped by 144% on Thursday after the company said it had an option to buy permits to Pahtavaara gold mine, and also renewed for 21 years a mining lease encompassing the Gold Centre property in Ontario.
The Finnish deal means that Rupert has entered into an option agreement with the bankruptcy estate of Lappland Goldminers Oy, whereby Rupert has acquired a six-month option to buy the Pahtavaara gold mine, mill and exploration permits and concessions that represent a 124km2 land package in Finland in the highly prospective Central Lapland Greenstone Belt.
Total cash consideration to exercise the option is upfront cash payments Totaling $500,000, and in addition, the Corporation would be required to pay $2mln from a production royalty on 1.5% of go-forward revenues generated from the mine. If Rupert exercises the option, it will also be required to place environmental collateral amounting to approximately EUR 640,000.
Rupert intends to use the six-month option period to verify the historically low operating costs for the mine, work through the requirements to transfer the requisite exploration and environmental permits, licenses and concessions, build a comprehensive understanding of the license geology and test a number of promising drilling targets.
Rupert has also received approval for a 21 year renewal of the mining lease encompassing the Gold Centre property, which consists of mineral claims located in the Balmer Township, Red Lake Mining Division of Ontario.
Rupert holds a 100% interest in the Gold Centre property, which has the distinction of being one of the best positioned exploration land packages within the entire Red Lake gold mining camp. The Gold Centre property is immediately adjacent to and on trend with the world's richest gold mine, Goldcorp, now within 600m of Rupert's boundary.
Fear is on the rise and so is the price of gold.
FROM CNBC 6/10/16 IMHO FYI
Gold futures for August hit a three-week high Thursday, rising to $1,272.70 per ounce, just under a key resistance level of $1,275. The yellow metal is up about 20 percent year to date, and some high-profile investors — like George Soros and Stanley Druckenmiller — have made no secret that they see bad times ahead in the markets and gold is a safer bet.
"As far as the geopolitical element, it's certainly not a chicken little atmosphere," said Jim Steel, chief commodities analyst at HSBC. "I think there's enough uncertainty facing the global economy and even some geopolitical tensions to keep buying the gold market."
Investors believing they need to have gold in their portfolio as a hedge against the outcome of easy central bank policies and for other safety reasons are fueling a run in the metal. Some analysts say gold could easily climb above $1,300 an ounce.
In fact, DoubleLine Capital CEO Jeff Gundlach likes it, and he says gold could go to $1,400. Soros has reportedly been buying both gold and gold mining shares, while Drunkenmiller told investors last month to get out of stocks altogether and buy the yellow metal due to concerns about China's economy and the Fed's easy money policies.
Analysts say there are a host of reasons investors are loading up on gold, and at some point later this year, the U.S. presidential election could be seen as one of them.
"I think that the you've got 'Brexit' coming at you. You have a Spanish election coming at you in a week and a half and that is terribly confusing. It looks like the left is going to win. You have rising nationalism in France. You have the strike in France. You have one thing after another," said Dennis Gartman, publisher of The Gartman letter. Other worries include rising tensions with China in the South China Sea, and Nigeria where militants have shut down oil production.
Gold has also moved higher as the dollar pulled back, a phenomena helping other commodities. The greenback has weakened as the Fed's forecast for rate hikes was rolled back to two this year from four. The metal got a lift after last week's surprisingly weak May U.S. jobs report cast doubts on whether the central bank can raise rates at all this year.
PRESS RELEASE
Thursday June 9 2016 - News Release
Mr. Brian Hinchcliffe reports
RUPERT RESOURCES LTD.: DRILLING TO COMMENCE AT FINLAND'S PAHTAVAARA GOLD MINE; SUSAN MILTON JOINS RUPERT AS DIRECTOR
Rupert Resources Ltd. will launch its inaugural drill program next week on the permitted Pahtavaara gold mine, located in Northern Finland, which it has optioned for the six-month period ending Sept. 15, 2016 (see the corporation's March 17, 2016, press release). This drilling program will seek to expand reserves and resources at the mine's open-pit and underground targets, centring on the Karolina orebody discovered before the mine ceased its operations in 2014.
"The exploration potential at Pahtavaara is an excellent challenge for our exploration team and, if successful, can permit the mine to return to production as a low-cost producer of gold. The abundance of targets close to production infrastructure inside Pahtavaara's 124-square-kilometre land position offers the possibility for significant growth for Rupert Resources," commented Brian Hinchcliffe, president and chief executive officer of Rupert. "As the company steps up its corporate activity, we are pleased to have Susan Milton join the board."
Susan Milton has been appointed as a non-executive director and to the audit committee of the corporation. Ms. Milton has two decades of experience as an investor and investment adviser with a focus on the mining sector. Ms. Milton began her career at Moss Lawson & Co., before continuing at Richardson Greenshields & Sons, RBC Dominion Securities, Ocean Equities and Macquarie Private Wealth. Ms. Milton holds an MBA with a specialization in financial management and markets from Arizona State University.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd.
"I AM NOT SURE IF mR. DOBSON IS A PART OF THIS RUPERT DEAL BUT HERE IS A LITTLE PART OF HIS BIO,
"I think it will continue for a good number of years until whoever happens to be leading the so-called free world stops printing money and there's no sign of them doing that right now. I'll never exit gold. It's always something I want and I will have."
Dobson also dabbles in bloodstock and owns a share of a corporate jet, but worries about money. "It worries me greatly," he says. "I'm very Scottish about it. It doesn't stop me doing it though. I fret and worry when I am sitting in it about how much it is costing. Listen if you are Scottish and a member of the Church of Scotland we have absolutely no way of getting rid of our guilt. We have to carry all this stuff forever. I look at my Catholic friends and feel jealous at how they can get rid of it in no time at all. It's not easy."
Brian Hinchcliffe and Mr. Harry Dobson have a history of buying companies and and turning them around..
Harry Dobson netted a fortune by buying a stake in the famous soccer club,Manchester United even though he never went to Old Trafford,
Mr. Brian Hinchcliffe reports
RUPERT RESOURCES ANNOUNCES APPOINTMENT OF BRIAN HINCHCLIFFE AS PRESIDENT AND CEO, AND GRANT OF STOCK OPTIONS
Martin Kostuik has resigned as president and chief executive officer of Rupert Resources Ltd., and the company has appointed Brian Hinchcliffe, a current director of the corporation, as president and chief executive officer of Rupert, effective immediately. Mr. Kostuik will remain as a director of the corporation.
"There are the exciting exploration and production opportunities of scale at the Pahtavaara gold mine and land position in Finland, which one likes to see when starting this new direction for Rupert, and we are pleased to have Martin's continued contribution as a director", said Brian Hinchcliffe, Rupert's new President and CEO. "Rupert's shareholders have benefited from Mr. Kostuik's efforts, including the 21 year lease renewal on the Gold Centre property located in the strategic and high grade Red Lake gold mining camp in Ontario, that Mr. Kostuik engineered. Lastly we are pleased to incentivize the new management team as we commence the work required to determine if the company will exercise its six month option on the Pahtavaara gold mine, as announced in our March 17, 2016 press release."
Mr. Hinchcliffe has extensive experience in the mining sector, most recently co-founding Kirkland Lake Gold Inc. and Rambler Metals & Mining PLC, both of which acquired mines that were closed and with successful exploration campaigns, developed producing operations. .
The Corporation also announces the grant of incentive stock options to acquire a total of 3,740,000 common shares ("Common Shares") of the Corporation at an exercise price of $0.175 per share, such options to vest as to one-half on March 24, 2017 and one-half on March 24, 2018. The options expire five years from the date of grant. Options to acquire 1,440,000 Common Shares were granted to directors and officers of the Corporation and options to acquire 2,300,000 Common Shares were granted to employees and consultants of the Corporation.
WHAT A DEAL
$500.000 FROM SALE OF RUP STOCK{DONE}
"in addition, the corporation would be required to pay $2-million (U.S.) from a production royalty on 1.5 per cent of go-forward revenues generated from the mine"
NO $ DEBT!!!
I WOULD LOVE TO BUY A BUSINESS THAT WAY!!
When I first posted on this board March 14, 2016 the price was.085 Canadian today the price is.25 Canadian. I believe the reason for that large increase was because they are in the process of buying a gold mine in Finland, and also they increased their mining permit in the property that they own in the Red Lake very productive mining area of Canada.All gold-mining stocks have suffered in the past five years due to the price falling from the $1900 an ounce area to the $1200 amount area $US. I have followed this stock for years waiting for such an announcement from the company. In my very very humble opinion I think they are on the right track now and look forward forward to their success.
AIMVVHO!!
Rupert Resources Signs 6 Month Option Agreement to Acquire ...
2016-03-17 11:58 ET - News Release
Mr. Martin Kostuik reports
RUPERT RESOURCES SIGNS 6 MONTH OPTION AGREEMENT TO ACQUIRE PAHTAVAARA GOLD MINE IN CENTRAL LAPLAND, FINLAND, AND RENEWAL OF GOLD CENTRE PROPERTY LEASE
Rupert Resources Ltd. has entered into an option agreement with the bankruptcy estate of Lappland Goldminers Oy, whereby the corporation has acquired a six-month option to acquire the Pahtavaara gold mine, mill, exploration permits and concessions that represent a 124-square-kilometre land package in Finland in the highly prospective Central Lapland greenstone belt.
Under the terms of the agreement, total cash consideration to exercise the option is upfront cash payments totalling $500,000 (U.S.), and, in addition, the corporation would be required to pay $2-million (U.S.) from a production royalty on 1.5 per cent of go-forward revenues generated from the mine. If the corporation exercises the option, it will also be required to place environmental collateral amounting to approximately 640,000 euros.
Management of the corporation intends to use the six-month option period to verify the historically low operating costs for the mine, work through the requirements to transfer the requisite exploration and environmental permits, licences and concessions; build a comprehensive understanding of the licence geology; and test a number of promising drilling targets.
Brian Hinchcliffe, a director of Rupert Resources, said: "It could be that in Pahtavaara we have identified the right combination of production assets and exploration potential on its strategic land position for the next mining cycle. We look forward to bringing our exploration team's experience to bear on developing both open and underground gold targets in one of the world's most highly prospective and underexplored mineral provinces."
Gold Centre property lease renewal
Rupert has received approval for a 21-year renewal of the mining lease encompassing the Gold Centre property, which consists of mineral claims located in the Balmer township in the Red Lake mining division of Ontario. Rupert holds a 100-per-cent interest in the Gold Centre property, which has the distinction of being one of the best-positioned exploration land packages within the entire Red Lake gold mining camp. The Gold Centre property is immediately adjacent to and on trend with the world's richest gold mine, Goldcorp, now working within 600 metres of Rupert's boundary.
We seek Safe Harbor.
"only a fraction of gold is priced in U.S. dollars. Roughly 90% of gold demand comes from the rest of the world, and gold prices were stable or went up around the globe in 2015 when priced in local currencies, including the most important markets — India and China.
That demand, coupled with sinking currencies, and emerging market and Chinese economic weakness, is only climbing. However, supply isn't easily matched to demand.
While demand can change quickly, supply cannot. Mining is capital intensive, and it often takes 20 years or more for gold in the ground to actually make it to the market.
"Production is going to start trending down, and most estimates put 2014 and 2015 as the peak of production for many years to come.
Add in the debt burden of mining companies and the overly high cost of pulling gold out of the ground for major producers — most major miners have all-in sustaining costs around or $1,000 per ounce — and there isn't much chance to find financing or free up cash for capital investment.
So, to sum it up, outside of suppressed prices in U.S. dollars, gold prices are trending up in the global market, demand remains strong, yet supply is going to be hindered for years to come due to falling production and lack of capitol."
quotes from"OUTSIDER CLUB"
FOR the above reason joint venture with Goldcorp is a no brainer.
IMVVHO
Investor just put $500,000 into the company. The money will be used to continue the survey of the claim. This claim is surrounded by GOLDCORP claims. I believe One of GOLDCORP'S tunnels is only about 500 m from the Rupert property line.My hope is that Rupert joint ventures with Goldcorp and extend their tunnels onto the Rupert property. Doing so would not necessitate Rupert putting in their own mineshaft.
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