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 > Overliner - Pushing Back Reaching Commercial Production

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Comment by upupandaway7on Sep 15, 2017 1:24am

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RE:Overliner - Pushing Back Reaching Commercial Production

I don't have the answers on how the overliner process works, but do hope that the production numbers being reported in October for Q3 show month over month gains for each month in the quarter. That would solidify my confidence in the company's ability in finally achieving commercial production in Q1 2018 with the overliner gains. Also this delay also delays the final 6 million dollar payment upon achieving commercial production which will help the cash balance through Q4 2017.

I hope our patience will be rewarded and management remains smart about their spending preventing the need for additional cash generation before commercial production.

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