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To: Goose94 who wrote (95117)10/1/2020 4:18:57 PM
From: Goose94Read Replies (1) | Respond to of 204425
 
Rupert Resources (RUP-V) The Bat out of Hell closed at it's hat trick 2.0 new 52 week high, $5.40



To: Goose94 who wrote (95117)10/5/2020 8:39:41 AM
From: Goose94Read Replies (1) | Respond to of 204425
 
Rupert Resources (RUP-V) Canaccord Genuity analyst Tom Gallo raised to "speculative buy" from "hold," after the company posted "positive" exploration results from an area near its Pahtavaara project in Finland.

Mr. Gallo says in a note: "Since May, 2020, Rupert has released a series of drill results from Ikkari, a recent discovery located in Area 1, approximately 20 kilometres west of the Pahtavaara site. Rupert believes the regional structure that Ikkari is situated within likely extends toward the Saitta discovery, located five kilometres east.

We believe results to date demonstrate the potential to build large tonnage resources along this prospective corridor." After increasing his resource and operating assumptions for a potential bulk tonnage open pit scenario, Mr. Gallo elevated his share target to $6 from $2.60.

Analysts on average target the shares at $3.08. The Globe reported on May 21 that Mr. Gallo rated Rupert "speculative buy" in new coverage. The Globe said Mr. Gallo was the lone analyst covering the stock. He targeted the shares at $2.10, which could then be had for $1.69.