OTCQX:RPMGD - Post by User
Comment by
solinjanion May 05, 2012 5:47pm
448 Views
Post# 19875890
RE: RE: RE: strong today
RE: RE: RE: strong today New Company Recommendation:
Rye Patch Gold
We have a new pick for you this month, in spite of the possibility of lower prices in the very near term,
because this company has very near-term upside potential.
First, however, we'd like to note that a member of the Casey team participated in a private placement in
the company at 25 cents in December of 2009. That was over two years ago, and we were not considering
recommending the stock at the time. He had a chance to take profits on recent developments but elected
to stay long and intends to hold the stock until the end of the unfolding saga. He understands that he can't
sell now until we give you a chance to do so first.
We also note that we recommended this stock to our alert subscribers in January. The company has
delivered value-adding results since then, but with the market's weakness, you now have a chance to buy in
at lower prices.
If either of these things bothers you, please feel free to skip this recommendation.
Rye Patch Gold
HM: Au, Ag
V.RPM, OB.RPMGF, www.ryepatchgold.com
Price Share: C
.54 MCap: C$74.4 million On: 4/30/12
Shares SO: 137.7 million FD: 141.2 million As of: 12/30/11
Warrants Nil
Options Open: 3.5 million C
.20 – C
.50 Exp: 3/14/12 – 9/12/16
Cash C$7.3 million* Burn: C$556K/mo As of: 12/30/2011