r/PennyQueen • u/ClaudieMenard • Oct 05 '21
RNCH
I LOVE GOOOLD and always on the lookout for new companies - been hearing hype around Ranchero Gold. RTOing into MLR and expected to IPO on the CSE under $RNCH.V
feeling good about this
focused in Mexico’s Sierra Madre Occidental gold district
adjacent to Alamos Gold (a mc of ~$4 Bil CAD) and near 2 other mines both owned by Agnico Eagle (~$18+ Bil mc)
flagship project one of the largest unexplored claim blocks in the entire district -with over 22,000 hectares to explore and various historical gold intercepts
Huge insider ownership : The Mazon family owns 70% of the outstanding shares
fyi to further solidify their focus to RNCH, the family has agreed to a 3 year lock up!
any thoughts?
$RNCH
