Rye Patch Gold RPMGD

Metals & Mining Gold Industrial Metals & Minerals

Rye Patch Gold Corp is a Nevada based, Tier 1 mining company engaged in the mining and development of quality resource-based gold and silver mines and projects. The firm operates in one segment, which is the Exploration and Development of Mineral Properties. The firm operates through two geographical areas, Canada and the state of Nevada in the United States of America. The company's primary source of revenue is from the sale of gold dore.

OTCQX:RPMGD - Post by User

Rye Patch Gold

Bullboard Posts

Comment by Negotia8er2on Jan 05, 2012 1:29pm

511 Views

Post# 19373211

RE: FWIW - Ubika research commentary on todays new

WFC, thanks for that great article. Love the part when they say this, "CDM also states that their property hosts measured + indicated + inferred resource of 108.7 million silver ounces and 777,500 gold ounces. Interestingly, Coeur also states that the resources of gold and silver increased 73% in a year suggesting the strong exploration potential in this area. If RPM’s newly staked claims have 20% of these resources as CDM is admitting, this alone could be worth at least $100M, more than the current market value of RPM".

I have a question for the more astute investors on this board, concerning the 3.2 million ounces of Gold Equivalent combined from the other properties measured and inferred thus far, how much is this worth, if Rochester portion is worth about $100M?

Bullboard Posts

McKesson to sell Rexall and Well.ca to private equity firm