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.

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Rye Patch Gold

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Comment by pipefit2on Dec 20, 2010 5:11pm

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Post# 17872940

RE: RE: RE: RE: RE: DO not make sense

That 'Newmont can back in' argument is a bit of a Red Herring. Yes, they can back in and claim 70% of Wilco, for the small price of $20 million to be spent infill drilling and proving up more resources. and Rye Patch would get 30% of all additional resources for sitting on their a$$es.

At $1400 gold, I'm bit surprised Newmont hasn't snapped this up, BWTFDIK.

In the mean time, we're just sitting here waiting for the next batch of assays.

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