There are a lot of eyes watching gold right now. A universe of traders—fundamental, technical and the like—are watching the malleable metal for any sign of strength.
Junior exploration companies—ExplorerCos, if you will—are high-risk propositions. It can take up to 1,000 grassroots projects to generate 100 targets worthy of a probe with the drill bit. Of those, perhaps five or ten will evolve into development projects. And of that small group, only one will become an actual (profitable) mine.
Rockridge Resources (ROCK.V) tables first resource at Knife Lake, prepping to hit the ground running
Rockridge Resources (ROCK.V) just announced its inaugural NI 43-101 compliant resource estimate for the high-grade Knife Lake copper-zinc-silver-cobalt deposit in Saskatchewan.
On June 19, 2019, the Federal Open Market Committee (FOMC) concluded a meeting leaving U.S. interest rates unchanged, but signaled their intent to lower rates in the coming months should U.S. economic growth grind to a halt.
Companies operating in the junior exploration arena, particularly those in the base metals space, have seen their market caps blown all to hell in recent months.
Rockridge Resources (ROCK.V) is an exploration company focused on acquiring, exploring & developing mineral resource properties in Canada.