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Rye Patch Gold RPMGD

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

Bullboard Posts
Comment by savannahssavvyon Feb 09, 2010 8:22pm
155 Views
Post# 16769157

RE: RE: POG UP...this DOG goes down.

RE: RE: POG UP...this DOG goes down.As a new investor in this company, I am trying to make sense of the fall in share price by looking to the market in general: few stocks are doing really well in the current environment, even though today was "green." For what it's worth, I bought my first RPM shares at 38 cents in January. A few weeks later, I bought again at 32 cents, and again at 28 cents and, this afternoon, at 27.5, just before RPM hit 27 cents. Is this not a buying opportunity? Is this company not sitting on millions of ounces of gold (not to mention silver)? Am I naive to think that in a few months time, this pathetic share price will be a distant memory? Please do not misunderstand me: I am not a pumper, not by any stretch of the imagination. I discovered penny stocks at the end of August (there's been no turning back!). Anyhow, I don't really expect a response from any of you. Suffice to say that RPM looks very, very good to me, all the more so since it is not selling in the range of mid-tier companies (when I read Marc Davis' article on the front of SH in this regard, I thought of RPM; https://www.stockhouse.com/Columnists/2010/Feb/9/Intermediate-gold-miner-aims-for-a-one-million-oun).
Here's hoping that news is imminent
Bullboard Posts