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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

Comment by Fullplateon Aug 16, 2017 7:11pm
134 Views
Post# 26589859

RE:Volume

RE:VolumeGnote, regarding any hope for news, I say good luck with that. Even the "weekly" Korelin bull sessions ended in July.  They would certainly break their silence if they reached commercial production levels. However, even if they had a couple weeks of production at that level, they likely would need to prove at least a month. That could easily mean we get our first news in October. Unless, of course, you consider the stale release of the April-June financials coming out later this month. It might be newsworthy to see how much cash they blew through during the bad weeks late in the quarter, but not much else. And if an unexpected bad event occurs again, I doubt that we would hear about it in a timely manner given past communication history. 

My guess is that the crickets will be softly chirping for several more weeks until a late Nevada fall freeze puts them out of their misery. Let's hope at that time there is something to report that meets our reasons for owning this stock. The good news will come, but don't bet the farm on when.  The stock price will respond very positively at that time also. Then we can all quit complaining and enjoy our investment. 
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