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 May 24, 2011 10:20am

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Post# 18617175

RE: --- News--- Drilling

I was hoping that they were already drilling a month ago. Oh well, better late than never, lol. As I have said many times, Wilco is a very nice asset to have for long term appreciation, especially with that N.Basin/Section Line high grade play, but it won't do anything for the stock price until they are closer to some sort of resolution with Newmont.

Lincoln/Jefferson, OTOH, has the potential to move the stock price in a big way, over the short term. The main reasons for this is that the property is company owned, not leased, and the deposit is shallow, not deep like Wilco.

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