Rick RuleRegulus Resources Inc. REG.VBUYMar 14, 2025
He's a fairly big shareholder and a fan of management. Absolutely believes Peru project will become a mine. Copper price has done well, and gold price has done extremely well. Ongoing regulatory and capital challenges. Expects stock volatility, but much higher over next 3 years. You'll need to be patient.
Have a porphyry copper system in Argentina. Good guys running it. One side of it has pretty good mineralization but we haven’t seen this thing actually expand large enough that it is going to make large enough tons and grade to make an economic deposit.
Very small company and very illiquid. Increased their asset base in the last year and are increasing their production. Doesn't think they will have any trouble with debt.
He's a fairly big shareholder and a fan of management. Absolutely believes Peru project will become a mine. Copper price has done well, and gold price has done extremely well. Ongoing regulatory and capital challenges. Expects stock volatility, but much higher over next 3 years. You'll need to be patient.