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 > Bot Deal

<< Previous

Bullboard Posts

Next >>

Comment by Looking4Doubleson Jun 06, 2017 10:06pm

171 Views

Post# 26333223

RE:RE:RE:Bot Deal

I think Rozelli had it correct. IF the expansion was "after" they had already reached their commercial or full production numbers, then yes, it would be positive. (i.e. going from 75K to 100 K production, etc..) But "I" think they needed the money to have a chance to ramp up to commercial production, which means their costs will be higher than what they planned for. If I am right, their break-even could be further away than we previously thought.

<< Previous

Bullboard Posts

Next >>

Gold, growth and sustainability in focus for Mandalay Resources