Rokmaster Resources Corp listed on the TSXV by Jordan IPO on Nov 21, 2011 to explore the Bodine North VMS prospect in north-central British Columbia under the leadership of CEO John Mirko. A few months later Rokmaster optioned the Big Copper project in southeast BC. By mid 2012 Rokmaster had optioned 75% of the Pinaya gold-copper project in southern Peru obstruction by illegal miners forced Rokmaster to declare force majeure in Sept 2014. The ensuing legal dispute was settled in mid 2015 when Rokmaster agreed to terminate the agreement in exchange for cash and stock from Kaizen Discovery. In Nov 2016 did a deal with the Big Copper vendors to acquire the Duncan Lake zinc-lead project in southeastern BC for 12 million shares plus 36 million milestone contingent shares. Rokmaster settled accrued debts of $1.45 million in Jan 2017 for 29 million shares at $0.05 most of which went to insiders. It also raised $685,000 through a unit financing at $0.05 in April 2017. The Duncan Lake zinc-lead system was discovered by Cominco in 1957 and last explored in 1989-1997 after which the claims lapsed and were eventually online staked by the vendors. Duncan Lake has a historic resource in which zinc dominates. Rokmaster plans to compile historical data and assess the posibility of developing Duncan Lake as an underground zinc mine.
#1601-675 West Hastings Street, Vancouver, BC, V6B 1N2, Canada
Ranking within Company's Price Range based Group
All KRO as of Nov 20, 2017
Price Group Total:
TSXV KRO as of Nov 20, 2017
Price Group Total:
Group figures exclude delisted and suspended companies. The higher the company percentile the better, based on the assumptions that the lowest issued shares and highest working capital are best. The score is the average of the percentiles. A percentile is that percentage of a group that a member ranks higher than. Note that issued and WC reflect latest financials.
Charts & Financing Activity
Most recent 43-101 resource estimate Prior resource estimate PEA PFS FS/BFS/DFS
Private Placement Key
less than $500,000
$1,000,000 - $2,000,000
$5,000,000 - $10,000,000
$20,000,000 - $50,000,000
$500,000 - $1,000,000
$2,000,000 - $5,000,000
$10,000,000 - $20,000,000
Private placement financing dates and value ranges are based on transactions reported by the TSXV Monthly Review.
A Spec Value Hunter table allows speculators to identify which projects offer poor, fair or good speculative value according to the rational speculation model. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production.
Poor Speculative Value -
Fair Speculative Value -
Good Speculative Value -
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits
Net Interest: 100% WI Vested: Yes Uncapped NSR/GOR: 2.50%
Ownership Terms: Agreement dated Nov 2, 2016 to acquire 100% from John and Robert Denny and Graeme Haines for 12 million shares on closing, 12 million shares on a technical report confirming 3 million tonnes of 6% combined lead zinc equivalent, 12 million on 6 million tonnes, and 12 million shares on commercial production. The 36 million shares are issued right away as special A, B and C warrants that convert into common once the milestones are reached. Subject to 2.5% NSR.
Net Interest: 55% WI Vested: Yes Uncapped NSR/GOR: 1.00%
Ownership Terms: February 2012 option to acquire from John and Robert Denny 100% for $110,000 cash and 200,000 common shares of Rokmaster in four instalments. The property is subject to a 2.0-per-cent net smelter return royalty. Rokmaster also has the option to reduce the NSR to 1.0 per cent by paying $500,000. On commercial production, an additional 100,000 common shares in the capital of Rokmaster shall be paid. In Oct 2015 the option was terminated and converted into a 55:45 JV.