Rye Patch Gold RPMGD

RE: RE: New Interview with Al Korelin

[pipefit2]

Thanks for posting the link.  Bill said that they should end the year, following the current drilling programs, with $4 million in the till, and they expect another $4 million to come from the exercise of warrants, valued at 35 cents.  That's $8 million, which should take care of 2012's drilling campaign as well.

So if they aren't doing a pp, why are they holding up the Lincoln results?  He said that they are going to publish a Lincoln resource update in Q2 of 2012.  You gotta have quite a bit of gold/silver to justify a resource update.  Obviously, in the case of Wilco, they have released lots of assay results showing there is a tonne of gold (pun intended) in the N. Basin/Section Line area, much of it high grade, so I can see why they are doing a resource update there.

But with respect to Lincoln, they haven't released much in the way of results, just a few holes in the Jan. 12, 2011 NR.  Presumably, they have already identified a huge amount of gold/silver from the current Lincoln area drilling campaign.  So where are the results?