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 Bottleson Mar 06, 2013 9:55pm

198 Views

Post# 21091436

RE: Volume today

"My bet would be in order for them to take on a meaningful position, they'll be buying into whatever financing deal comes later this spring."

In this environment, that would be my guess as well if the buyer was infact a fund (European or otherwise). The simple truth and hard reality is that institutional monies has not only dried up in the JR sector, they are no longer passive investors. For an institutional investor to get involved in any JR today (including RPM), they are no doubt going to take a more active role (ie: PP's and management influence) and for any institution to get involved in any JR PM concern in this environment is - confidence building. Its the exception now days as opposed to the general rule and note worthy for any investor. Given the special situation aspect with CDE, even If just a "passive" play on the pending lawsuit is "confidence" as to the outcome.

Bullboard Posts

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