OTCQX:RPMGD - Post by User
Comment by
ts9222on Jul 30, 2017 12:41am
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Post# 26526043
RE:PI Financial: Buy rating and $0.80 target for Rye Patch Gold
RE:PI Financial: Buy rating and $0.80 target for Rye Patch GoldI also like how they say the risk is mitigated because the Florida Canyon mine has operated for many years. This is not a newly constructed mine where the profitability is not certain and the predictions may not accurately match reality. The risk is much lower here than with other new mines, like what is currently happening to Red Eagle Mining with dilution problems and unexpected ground conditions. The doomsday scenario of major unexpected problems is not there.