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 Nov 16, 2012 10:47am

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Post# 20609581

RE: RE: RE: RE: RE: drill results

If we get some nice assay results from Patty and/or GGP we should get a nice pop to the share price. I can understand why they felt they needed to drill the LH Claims first, in order to bolster the court case.

What I don't understand is why they keep devoting such a huge portion of the company's very finite resources to Wilco. They spent all the money they were contractually obligated to spend two years ago. Why spend another nickle there, unless it is part of clearly enunciated plan to get Newmont to fish or cut bait?

If they want a higher share price, they should consider publishing a strategic plan that is a little more detailed than saying we'll sell the whole ball of wax when we book 10 million gold eq. ounces. They could start by saying what their strategy is to force Newmont to commit or relinquish claims.

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports