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 pipefit2on Sep 02, 2011 11:34am

245 Views

Post# 19006810

RE: RE: RE: Geezuz

Good analysis. Doesn't look good. The market is saying that the incremental gold found at Wilco is not enough to tip the balance on that project.

OTOH, their failure to publish Lincoln/Jefferson results has investors nervous. If they are holding up crappy results, in the hopes that the second wave of assays will be better, I suppose that I'm o.k. with that strategy. But they can only stall for so long......................

I sort of agree with the 'Goldridge' analysis a few posts back. The problem with that is that the Company isn't that much farther along the 'Goldridge' exploration path than at GGP.

The good news is that they only need to hit one big vein, and it doesn't matter which project. Obviously, with Lincoln/Jefferson's extremely shallow profile, it would take less gpt to do the trick there.

Bullboard Posts

Canadian artificial intelligence ETFs