RMES:CSE; RMESF:OTCBB

Red Metal Resources Ltd.

Red Metal Resources is a junior exploration company with a drill ready copper, gold, cobalt project in the Coastal Cordillara, Chile.
RMES:CSE RMESF:OTCBB

Expert Comments:

You want copper? You go to Chile. One junior explorer operating near the coast there just published its first drill results and they're above 1% copper. Now the hunt is on to find an iron-oxide-copper deposit like the ones others have found in the same copper belt — that's the ultimate goal.
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Copper prices are at record levels due to supply constraints and surging demand. And quite possibly the best place to look for copper is Chile, home to the largest copper deposits in the world. However, one junior is eschewing the country’s typical large porphyry deposits in the Andes for a shot at high grade near the coast.
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Clive Maund, CliveMaund.com

(2/11/22)
"Although Red Metal Resources Ltd. hasn't been around long in its present form as a stock, what chart history there is looks decidedly positive with a bullish volume pattern and strong on-balance volume making new highs. It is therefore expected to break out of its current trading range into a bull market soon and is rated a Speculative Buy here."

Experts Following This Company

Richard Cavalli
Clive Maund – CliveMaund.com

Company News 

7/14/2022 – Red Metal Announces Final Results of Drill Program at Carrizal

6/2/2022 – Red Metal Reports Assay Results of 5.7 Metres at 1.91% CuEq

5/17/2022 – Red Metal Resources Closes First Tranche of Private Placement

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Significant high grade (+1.2% Cu/Au Eq) copper resource potential to be drilled
 
Management with a track-record of exploration success with major mining companies (Goldcorp, Placer Dome)
 
Tight share structure (45M shares, 30%-owned by insiders and management
catalyst Calendar
Q3
2021
Identifying drilling targets to expand known mineralization (September 2021)
Q4
2021
Drilling financing (October 2021)
Q4
2021
Drilling results (December 2021)
Red Metal Resources Ltd. Content