Today we review Rubicon Minerals Corporation. What is Rubicon Minerals Corporation? What do they offer to you (the investor)? Are there more intelligent alternatives? This are just a few of many questions we help you answer!
Name of the company: Rubicon Minerals Corporation
Official Website URL: https://www.rubiconminerals.com/Home/default.aspx
CEO: George Ogilvie
Products: Gold, Gold stocks
Some companies take pride in their large market base, while others take pride in their capability to deliver huge quantities of the underlying products to the market. For others like Rubicon Minerals Corporation, there is more to existence than simply keeping the demand and supply in the market at equilibrium. Stick with me as we delve deeper into this company and find out the following:
– What is it about?
– How does this company work?
– Which products does this company supply to the market?
– Is this company genuine?
– What investment opportunities does it offer?
– Are there better alternatives to these investments?
– What are the advantages and disadvantages of doing business with Rubicon Minerals Corporation?
What is Rubicon Minerals Corporation about?
Rubicon Minerals exists as an advanced gold exploration-stage company. This company’s fame can be best be attributed to its ownership of the Phoenix Gold Project that is located in the Red Lake Gold District. Rubicon Minerals is also the second-largest owner of the land in the Red Lake Mining District, which is the only testimonial to its great potential to extract large quantities of gold to the market.
This company’s exploration project rests on a 285 square kilometers of land in the mining district, and this is complemented by the 900 square kilometers of land that holds its mineral reserves. This company’s growth plan is based on the intensive development of its current projects as well as the expansion of its operations to accommodate the drilling of diamonds, in a bid to better its overall mineral resource supply to the market.
How it works
As already highlighted above, this company’s growth strategy is heavily based on the optimization of its operations in the Red Lake District. Some of the very solid and well-established actions that the top management in the company are banking on to deliver constantly improving financial results include:
– The advancement of the phoenix gold project to a commercial production mine.
– The demonstration of organic growth of its projects located in the Red Lake District.
– The evaluation and execution of the big picture opportunities that it has already identified, in a bid to deliver value to shareholders.
Rubicon Minerals’ position in the market is to a great extent influenced by the manner in which it updates its Mineral Resource Estimate, as this helps to attract new shareholders and to maintain the current ones.
As of now, Rubicon Minerals is mainly focused on the production of gold. This is evident from the close scrutiny of its current projects. Those who rely on gold to make an income through any trade-oriented activities, therefore, benefit from Rubicon Minerals’ operations. This company is also beginning to look into the mining of diamond, in a bid to create a diversified portfolio of assets. This means that those in need of diamond can begin expecting to benefit from Rubicon Minerals’ activities.
Is it a genuine company?
Rubicon Minerals is a genuine company that only deals with genuine products. A brief search on this company on the internet only returns results that point towards its genuineness. Some of the main things that show that Rubicon Minerals is far from being a fraudulent company include:
– Its projects rest on a very large piece of land in a very active mining district, which is sufficient to draw attention from both the local and the state governments.
– This company was founded in 1996, and its survival through the years can only be attributed to the fulfillment of its legal obligations.
– Its management team is comprised of leaders who are well-known in the mining sector, or whose information you can easily access on the internet. The main ones include:
-George Ogilvie- President, CEO, and Director
-Nicholas J. Nikolakakis – CFO
-Michael Willet – Director, Projects
-Allan Candelario- Director, Investor Relations and Corporate Development
-Kevin Canario- Corporate Controller
Rubicon Mineral’s existence is also beneficial to investors who rely on stocks as wealth-building assets. This company is a publicly-traded corporation that is listed on the Toronto Stock Exchange. Its stocks are traded under the ticker RMX. Rubicon Minerals is also listed on the OTCQX markets where its stocks are traded under the ticker RBYCF.
Proof of the validity and activity of this company’s stocks can be found on Bloomberg and Yahoo Finance.
Alternatives to Rubicon Minerals’ stocks
Rubicon Minerals only offers stocks to the investors whose main intent is to grow their nest of investments. These mining stocks may be a viable wealth-creation instrument but can end up being detrimental to the entire portfolio of assets due to their volatility. Without sufficient information on how to go about investing in mining stocks, your chances of making substantial growth are minimized greatly. This is why Capitalist Exploits presents the Resource Insider which is meant to loop you into the most viable mining stocks investments that you can pour your money into without having to worry about booking losses.
If you are looking for an asset whose risk profile is very low, but it has high and guaranteed returns, then you can invest in physical gold. Companies such as GoldCo make it possible for you to own a gold IRA, through which you can hold your physical gold as you wait for its value to grow over the years. One main benefit of gold is that it is stable enough to withstand major shakeups in the economy, thus guaranteeing those who invest in it impressive returns at the end of the investment period.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as GoldCo, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It might be a wise thing to compare the positives against the negatives to get a better overall view of something before you make any investing decisions. As always in ou reviews we provide you with some clear points on both sides of this spectrum:
– Has huge gold reserves
– Divesting into diamond mining
– Has experienced leaders.
– It has a low market capitalization in comparison to its counterparts in the industry.
– It offers stocks as the main investment assets, and they are prone to significant fluctuations.
Do You Own or represent Rubicon Minerals Corporation?
If you are a representative, or associate of Rubicon Minerals Corporation and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (3.2 / 5)
Ok, I think that sums up the overall view of Rubicon Minerals Corporation pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Rubicon Minerals Corporation to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com