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

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Comment by Synchronouson Sep 24, 2008 8:05pm

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Post# 15482514

RE: Sync

From the data I can see this stock should have been trading around 0.70-0.85 (Market Cap of 20 - 25 Mil)
Given cash, gold assets, regional risk and market conditions.
Been buying steady... since was crazy undervalued.

Uncertain how high to value them with these new results.
..and wow did today ever change my portfolio value :P
But not selling any at this price.
End of October results + this high grade find... could push 50mil market cap. ~1.80/share.

I figure the reverse circulation drilling at wilco moved a good chunk out of inferred into M&I categories, and added a little Since they all hit gold.

Reverse Circulation Results of Wilco. Done looks positive.
Expansion zone results for Wilco coming end of october. (Phase II)
Phase I drilling for Jessup coming end of october.
Phase I drilling for Lincoln hill... well that was today :P

Too see this stock trading at $8Mil Market Cap(at end of today) with $3Mil Cash and 1.8Mil oz.
A high grade drill hit... as well now...

Stupid cheap.

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