Impact: Mildly Positive
RNC has released another set of results from its resource drilling program which continues to demonstrate strong grades and could be accretive in the coming resource update. This news provides positive resource momentum for the company as it readies to resume production in H2/19. We note that the next phase of drilling could provide exciting catalysts for the stock; however, the market remains fixated on the acquisition funding gap in the short-term.
Last week, Red Cloud hosted its in-person Pre-PDAC Mining Showcase which featured 96 presenting companies and four keynote presentations. The conference had...
We are initiating coverage on Giyani Metals Corp. with a BUY (S) rating and C$0.20/sh target price. Giyani is advancing the K.Hill...
Red Cloud recently attended a site visit of Strategic Resources’ iron ore pelletizer plan project at the Port of Saguenay, Quebec. We...
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