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Rye Patch Gold RPMGD

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

Bullboard Posts
Comment by pipefit2on May 29, 2013 10:08am
206 Views
Post# 21454894

RE: RE: RE: RE: RE: RE: don't throw mud throw answ

RE: RE: RE: RE: RE: RE: don't throw mud throw answ

Shaw--Let's assume as a talking point, that your estimate of 50/50 odds, regarding the trial outcome, is correct.  

 

So, again assuming you're correct, there is a 50% chance that rpm.v goes way up in price, easily a triple, I figure.  In this case, cde would probably sell off a little, but probably not too much.  There is also 50%, that rmp.v loses and gets cut in half, with cde rising modestly.

 

If you have $10,000 to wager on this, you should put $2500 on rpm.v and $7500 on cde.  If rpm.v wins, your rpm.v goes up triple, for a gain of $5000, and your cde drops about $1000, for a net gain of $4000.

If Couer wins, rpm.v gets cut in half and you lose $1250, and cde goes up about the same, for a wash.

That's how I'd play it, if I believed your 50/50 estimate.  However, I think it is closer to 90/10 in Rye Patch's favor, so I'll stick to being long rpm.v with no cde position.

Bullboard Posts