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.

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Rye Patch Gold > Cup half Empty vs. Cup half Full

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Comment by Looking4Doubleson Jul 21, 2017 11:34pm

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Post# 26497436

RE:RE:RE:Cup half Empty vs. Cup half Full

I still have MAJOR doubts at this point, but will keep most to myself. I would bet that anyone shorting it is either expecting or worried about: 1.) a very weak financial report in late august (1-3 cent loss) & 2.) an indication that more money might be needed. My "guess", and it's strictly a guess, is that it could be a banker trying to protect their previous investment. (i.e. bellieve more shares get issued to them at commercial production and they may want to cash out that option now - need to check on the qty involved.) If I am right, I doubt the transaction would impact price - would just sign over the qty.

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