FYI Jay Currie comments This is a casual column. It is not investment advice. It is about what I have “eyes on” weekly. You might want to take a look. Assume I am invested or would like to be invested in any company I mention. Do your own due diligence and get advice from an investment professional. Exploration I like exploration stories. Taking a prospective piece of ground and developing and testing a theory about its precious metals endowment is high risk but, potentially, ultra high reward. A discovery hole may potentially drive a $0.05 stock to $1.00 overnight. Here are three companies with very different exploration styles, which I am sharing my review notes with you on today. Renforth Resources Inc. Nicole Brewster, CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF), is a very practical, matter of fact person with a deadpan humour and an instinct for prospective properties. She was an investment broker for many years and has a sense of what the market is looking for: gold and base metals projects in Quebec. Nicole scored a coup for Renforth by selling one of its properties, New Alger, to Radisson for shares and cash in 2020. What this sale did, along with making a cash profit for Renforth and giving it exposure to Radisson’s success, was to eliminate the need for Renforth to raise money to drill its other properties. The great downfall of explorers is having to raise money selling cheap shares. Avoiding dilution was a key objective for Nicole. Now the company is drilling its Parbec property, literally next door to the Canadian Malartic mine, the last property along the Cadillac Break which is not owned by a major. This leads to a steady stream of press releases as core is assayed and new mineralized areas are discovered. The massive Canadian Malartic mine is in the process of transitioning to an underground operation. As it does it will need material to keep its mill operating. Renforth is delineating that material as it de-risks the Parbec property. At the moment it has 281,000 indicated and inferred ounces of gold at Parbec in a pit constrained model. That number will improve with more drilling. The going rate for gold ounces in the ground is around $100, so a reasonable buyout would be around $30 million. At $0.075, Renforth has a market cap of $18 million. And that ignores Renforth’s Surimeau property which contains a nickel bearing ultramafic, coincident with a copper/zinc VMS over a 5km strike. That property has barely been scratched but a robust drilling program is planned for spring 2021. With money in the bank, Renforth can drill and assay and report regularly. Eventually, the market will catch on and reward Nicole…
Comments from Investorintel Jay Currie Jay Currie’s Motherlode: Renforth Resources This is a casual column. It is not investment advice. It is about what I have “eyes on” weekly. You might want to take a look. Assume I am invested or would like to be invested in any company I mention. Do your own due diligence and get advice from an investment professional. Exploration I like exploration stories. Taking a prospective piece of ground and developing and testing a theory about its precious metals endowment is high risk but, potentially, ultra high reward. A discovery hole may potentially drive a $0.05 stock to $1.00 overnight. Here are three companies with very different exploration styles, which I am sharing my review notes with you on today. Renforth Resources Inc. Nicole Brewster, CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF), is a very practical, matter of fact person with a deadpan humour and an instinct for prospective properties. She was an investment broker for many years and has a sense of what the market is looking for: gold and base metals projects in Quebec. Nicole scored a coup for Renforth by selling one of its properties, New Alger, to Radisson for shares and cash in 2020. What this sale did, along with making a cash profit for Renforth and giving it exposure to Radisson’s success, was to eliminate the need for Renforth to raise money to drill its other properties. The great downfall of explorers is having to raise money selling cheap shares. Avoiding dilution was a key objective for Nicole. Now the company is drilling its Parbec property, literally next door to the Canadian Malartic mine, the last property along the Cadillac Break which is not owned by a major. This leads to a steady stream of press releases as core is assayed and new mineralized areas are discovered. The massive Canadian Malartic mine is in the process of transitioning to an underground operation. As it does it will need material to keep its mill operating. Renforth is delineating that material as it de-risks the Parbec property. At the moment it has 281,000 indicated and inferred ounces of gold at Parbec in a pit constrained model. That number will improve with more drilling. The going rate for gold ounces in the ground is around $100, so a reasonable buyout would be around $30 million. At $0.075, Renforth has a market cap of $18 million. And that ignores Renforth’s Surimeau property which contains a nickel bearing ultramafic, coincident with a copper/zinc VMS over a 5km strike. That property has barely been scratched but a robust drilling program is planned for spring 2021. With money in the bank, Renforth can drill and assay and report regularly. Eventually, the market will catch on and reward Nicole…
video Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive it has begun a 3,500-meter drill program on the Victoria Nickel target at its Surimeau District property in Quebec. Brewster says the drilling is planned for around three kilometers of the five-kilometer strike of the Victoria target area and is a follow-up program to its confirmation surface and sub-surface sampling programs which it said has demonstrated the presence of mineralization including sulphide nickel, zinc, copper, and silver while testing for platinum group elements is ongoing.
INVESTORINTEL: Jay Currie’s Motherlode: Renforth Resources This is a casual column. It is not investment advice. It is about what I have “eyes on” weekly. You might want to take a look. Assume I am invested or would like to be invested in any company I mention. Do your own due diligence and get advice from an investment professional. Exploration I like exploration stories. Taking a prospective piece of ground and developing and testing a theory about its precious metals endowment is high risk but, potentially, ultra high reward. A discovery hole may potentially drive a $0.05 stock to $1.00 overnight. Here are three companies with very different exploration styles, which I am sharing my review notes with you on today. Renforth Resources Inc. Nicole Brewster, CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF), is a very practical, matter of fact person with a deadpan humour and an instinct for prospective properties. She was an investment broker for many years and has a sense of what the market is looking for: gold and base metals projects in Quebec. Nicole scored a coup for Renforth by selling one of its properties, New Alger, to Radisson for shares and cash in 2020. What this sale did, along with making a cash profit for Renforth and giving it exposure to Radisson’s success, was to eliminate the need for Renforth to raise money to drill its other properties. The great downfall of explorers is having to raise money selling cheap shares. Avoiding dilution was a key objective for Nicole. Now the company is drilling its Parbec property, literally next door to the Canadian Malartic mine, the last property along the Cadillac Break which is not owned by a major. This leads to a steady stream of press releases as core is assayed and new mineralized areas are discovered. The massive Canadian Malartic mine is in the process of transitioning to an underground operation. As it does it will need material to keep its mill operating. Renforth is delineating that material as it de-risks the Parbec property. At the moment it has 281,000 indicated and inferred ounces of gold at Parbec in a pit constrained model. That number will improve with more drilling. The going rate for gold ounces in the ground is around $100, so a reasonable buyout would be around $30 million. At $0.075, Renforth has a market cap of $18 million. And that ignores Renforth’s Surimeau property which contains a nickel bearing ultramafic, coincident with a copper/zinc VMS over a 5km strike. That property has barely been scratched but a robust drilling program is planned for spring 2021. With money in the bank, Renforth can drill and assay and report regularly. Eventually, the market will catch on and reward Nicole…
Jay Currie’s Motherlode: Renforth Resources This is a casual column. It is not investment advice. It is about what I have “eyes on” weekly. You might want to take a look. Assume I am invested or would like to be invested in any company I mention. Do your own due diligence and get advice from an investment professional. Exploration I like exploration stories. Taking a prospective piece of ground and developing and testing a theory about its precious metals endowment is high risk but, potentially, ultra high reward. A discovery hole may potentially drive a $0.05 stock to $1.00 overnight. Here are three companies with very different exploration styles, which I am sharing my review notes with you on today. Renforth Resources Inc. Nicole Brewster, CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF), is a very practical, matter of fact person with a deadpan humour and an instinct for prospective properties. She was an investment broker for many years and has a sense of what the market is looking for: gold and base metals projects in Quebec. Nicole scored a coup for Renforth by selling one of its properties, New Alger, to Radisson for shares and cash in 2020. What this sale did, along with making a cash profit for Renforth and giving it exposure to Radisson’s success, was to eliminate the need for Renforth to raise money to drill its other properties. The great downfall of explorers is having to raise money selling cheap shares. Avoiding dilution was a key objective for Nicole. Now the company is drilling its Parbec property, literally next door to the Canadian Malartic mine, the last property along the Cadillac Break which is not owned by a major. This leads to a steady stream of press releases as core is assayed and new mineralized areas are discovered. The massive Canadian Malartic mine is in the process of transitioning to an underground operation. As it does it will need material to keep its mill operating. Renforth is delineating that material as it de-risks the Parbec property. At the moment it has 281,000 indicated and inferred ounces of gold at Parbec in a pit constrained model. That number will improve with more drilling. The going rate for gold ounces in the ground is around $100, so a reasonable buyout would be around $30 million. At $0.075, Renforth has a market cap of $18 million. And that ignores Renforth’s Surimeau property which contains a nickel bearing ultramafic, coincident with a copper/zinc VMS over a 5km strike. That property has barely been scratched but a robust drilling program is planned for spring 2021. With money in the bank, Renforth can drill and assay and report regularly. Eventually, the market will catch on and reward Nicole…
Jay Currie’s Motherlode: Renforth Resources This is a casual column. It is not investment advice. It is about what I have “eyes on” weekly. You might want to take a look. Assume I am invested or would like to be invested in any company I mention. Do your own due diligence and get advice from an investment professional. Exploration I like exploration stories. Taking a prospective piece of ground and developing and testing a theory about its precious metals endowment is high risk but, potentially, ultra high reward. A discovery hole may potentially drive a $0.05 stock to $1.00 overnight. Here are three companies with very different exploration styles, which I am sharing my review notes with you on today. Renforth Resources Inc. Nicole Brewster, CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF), is a very practical, matter of fact person with a deadpan humour and an instinct for prospective properties. She was an investment broker for many years and has a sense of what the market is looking for: gold and base metals projects in Quebec. Nicole scored a coup for Renforth by selling one of its properties, New Alger, to Radisson for shares and cash in 2020. What this sale did, along with making a cash profit for Renforth and giving it exposure to Radisson’s success, was to eliminate the need for Renforth to raise money to drill its other properties. The great downfall of explorers is having to raise money selling cheap shares. Avoiding dilution was a key objective for Nicole. Now the company is drilling its Parbec property, literally next door to the Canadian Malartic mine, the last property along the Cadillac Break which is not owned by a major. This leads to a steady stream of press releases as core is assayed and new mineralized areas are discovered. The massive Canadian Malartic mine is in the process of transitioning to an underground operation. As it does it will need material to keep its mill operating. Renforth is delineating that material as it de-risks the Parbec property. At the moment it has 281,000 indicated and inferred ounces of gold at Parbec in a pit constrained model. That number will improve with more drilling. The going rate for gold ounces in the ground is around $100, so a reasonable buyout would be around $30 million. At $0.075, Renforth has a market cap of $18 million. And that ignores Renforth’s Surimeau property which contains a nickel bearing ultramafic, coincident with a copper/zinc VMS over a 5km strike. That property has barely been scratched but a robust drilling program is planned for spring 2021. With money in the bank, Renforth can drill and assay and report regularly. Eventually, the market will catch on and reward Nicole…
More good news from Surimeau drilling program Presence fo Cu, Sn & Ni is confirmed over 5km strike Renforth is doing 3,500m on 16 holes resutls from assays confirm what CEO has been saying for months Ms. Nicole Brewster reports RENFORTH INTERSECTS VISIBLE NICKEL, COPPER AND ZINC SULPHIDES IN INITIAL 1,350M DRILL STEP OUT TO THE WEST AT VICTORIA WEST The visual results obtained in SUR-21-04 through SUR-21-07 reveal the presence of nickel, copper, and zinc sulphide mineralization hosted primarily in bands of graphitic siltstones and quartzites within thick bands of ultramafics, as also observed in the holes drilled in the fall of 2020 The mineralized package of lithologies seen to date are approximately 200m in thickness (measured north/south) with sediments to the north and south. The Victoria West system strikes approximately 5km east to west,
If you look at Renforth on CSE : RFR The M.O.we have seen is that the bid size in inceasing and when it matches the size of the offer ....boom .....volume increase fast Looking at RFR for several months it is the first time we see such small offers With my group we bought several million shares and are not seller. At least not before 0.20¢ We may stay longer if surimeau is the giant we think it is
Barchart opinion Monday April 05, 2021 https://www.barchart.com/stocks/quotes/RFR.CN/opinion Overall Average: 100%BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal. 0 100 Current Strength Good 0 100 Current Direction Strongest · Strength & Direction Composite Indicator TrendSpotter BUY Short Term Indicators 20 Day Moving Average BUY 20 - 50 Day MACD Oscillator BUY 20 - 100 Day MACD Oscillator BUY 20 - 200 Day MACD Oscillator BUY 20 - Day Average Volume: 477,842 Average: 100% BUY Medium Term Indicators 50 Day Moving Average BUY 50 - 100 Day MACD Oscillator BUY 50 - 150 Day MACD Oscillator BUY 50 - 200 Day MACD Oscillator BUY 50 - Day Average Volume: 594,479 Average: 100% BUY Long Term Indicators 100 Day Moving Average BUY 150 Day Moving Average BUY 200 Day Moving Average BUY 100 - 200 Day MACD Oscillator BUY 100 - Day Average Volume: 482,508 Average: 100% BUY
Barchart rating https://www.barchart.com/stocks/quotes/RFR.CN/opinion Overall Average: 100%BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal. 0 100 Current Strength Good 0 100 Current Direction Strongest · Strength & Direction Composite Indicator TrendSpotter BUY Short Term Indicators 20 Day Moving Average BUY 20 - 50 Day MACD Oscillator BUY 20 - 100 Day MACD Oscillator BUY 20 - 200 Day MACD Oscillator BUY 20 - Day Average Volume: 477,842 Average: 100% BUY Medium Term Indicators 50 Day Moving Average BUY 50 - 100 Day MACD Oscillator BUY 50 - 150 Day MACD Oscillator BUY 50 - 200 Day MACD Oscillator BUY 50 - Day Average Volume: 594,479 Average: 100% BUY Long Term Indicators 100 Day Moving Average BUY 150 Day Moving Average BUY 200 Day Moving Average BUY 100 - 200 Day MACD Oscillator BUY 100 - Day Average Volume: 482,508 Average: 100% BUY
Renforth Resources announces discovery of new gold zone at Parbec deposit, Quebec "This is a new gold setting at Parbec, which will require additional investigation in order to determine the extent," the company said Reporting results from one hole, assays included an intercept of 1.5m at 5.34 g/t gold from a depth of 83.4m and 15.8 g/t of the precious metal in an intercept of 0.5m from 159m depth Renforth Resources Inc (CSE:RFR) (told investors it has discovered a new gold zone at its Parbec project in Quebec, which lies outside the current resource. Reporting results from one hole, assays included an intercept of 1.5 metres (m) at 5.34 grams per ton (g/t) gold from a depth of 83.4m and 15.8 g/t of the precious metal in an intercept of 0.5m from 159m depth. Also found was 6.43 g/t gold in a three-metres length starting at 174.7m depth. READ: Renforth Resources reveals high-grade gold intercepts at its Parbec open pit deposit in Quebec's Cadillac Break Renforth noted that each of these assays highlights were taken from some level of quartz veining within sediments. "This is a new gold setting at Parbec, which will require additional investigation in order to determine the extent," the company said. Renforth's wholly-owned Parbec asset is a road accessible open pit gold deposit in Quebec’s Cadillac Break, contiguous to Canadian Malartic, Canada’s largest gold mine. It currently boasts 104,000 indicated ounces of gold at a grade of 1.78 g/t and 177,000 inferred ounces at 1.78 g/t gold. The company is presently carrying out a 15,000m drill program planned to twin, infill and undercut existing drill holes in a bid to rebuild the geological model and increase the resource estimate. Last week, Renforth posted results from a 2020 drill campaign at the deposit, highlighting a standout intersection of 21.5m grading 5.6 g/t gold, including 6.3 g/t over 16.7m and 37.3 g/t gold over 1m. The interval occurred within the pit wall of a May 2020 resource estimate on the project and represents new mineralization, it said.
New PR highlights Renforth drills 49.6 m of 1.46 g/t Au at Parbec 2021-04-07 08:06 ET - News Release Ms. Nicole Brewster reports RENFORTH INTERSECTS 49.6M OF 1.46 G/T GOLD AT PARBEC OPEN PIT GOLD DEPOSIT Renforth Resources Inc. has updated shareholders on drill results received for Renforth's 2020 drill program on the wholly owned Parbec open-pit constrained gold deposit on the Cadillac Break, adjacent to the Canadian Malartic mine. This press release gives highlights of assays received for PAR-20-116, PAR-20-106, PAR-20-107, PAR-20-108 and PAR-20-109, all drilled in the Fall 2020 program at Parbec where 9,644m were drilled in phase one of a drill program designed to support a new 2021 resource estimate for Parbec. The drill program finished at 15,569m of drilling completed with the assay results for a total of 37 drill holes in both phase one (Fall 2020) and phase two (Winter 2021) of the program still outstanding. The drill program was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones with undercut drillholes and to twin holes drilled between 1986 and 1993 in order to allow the assay results from those 62 holes to be used in the 2021 resource estimate for Parbec, anticipated to be completed in June/July 2021, however, the timeline is dependent on the receipt of assays. The five holes reported on in this press release continue Renforth success in drilling at Parbec with, again, each hole drilled returning gold values of interest.
PR means this 2016 non compliant resources The company announced an initial resource estimate for Parbec in March 2016, with 33,592 ounces of gold in the indicated category and 514,108 ounces of gold in the inferred category. https://webfiles.thecse.com/sedar_filings/00014180/1811080801284742.pdf 550K non 43-101+ 280K 43-101 = ________________
Renforth Resources Inc (CSE:RFR) (OTCMKTS:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive the group has reported more results from last year's drilling at its flagship Parbec open pit gold deposit in Quebec, which are expected to bolster the updated resource estimate for the asset, expected in June or July this year. Brewster says the assays come from five holes, which were sunk in the Fall program, where 9,644 metres (m) were drilled in a Phase one program. A stand-out was 4.02 grams per ton (g/t) gold over a width of 4m from a depth of 141m to 145m. She adds a total of 37 drill holes from both phase one and phase two are still outstanding.
