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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
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Comment by pipefit2on Oct 18, 2012 11:01am
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Post# 20497902

RE: RE: New interview with Big Al and Bill Howald

RE: RE: New interview with Big Al and Bill Howald

I don't really see the point in these softball interviews.  Why wasn't he grilled about the stalling at GGP?  That's what's killing the share price.  I suppose you could argue that they won't find anyhing anyway, but that would be a defeatist view as well.

The idea is to drill out your best properties.  So they have stopped drilling at Jessup, Wilco, Gold Ridge, and Lincoln.  They are contracturally obligated to drill Patty, and they must drill LH Claims to enhance their legal standing.  So the only thing left for discrecionary drilling is GGP.  Why are they stalling?  If they don't think it is all that good, it would be better to spend the money where they have hope.

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