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 > Nice mention in Aureport.com

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Comment by awacs1on Apr 27, 2016 1:50pm

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RE:RE:Nice mention in Aureport.com

Upandaway, you are correct. The royalty last year was $6.2 Cdn and will be about the same this year with the stream terminating in about three years. I like much of what I see in RPM but I get the sense that the royalty stream has muted the enthusiasm of management. They are in a comfortable pew and do not really need to push too hard. I would like to see a challenge mounted at the AGM to replace some directors and senior management. By comparison with other Au companies at this phase of development, they are lagging!

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Eminent acquires promising Nevada gold project