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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 Sep 15, 2017 10:58am
202 Views
Post# 26700945

RE:RE:Overliner - Pushing Back Reaching Commercial Production

RE:RE:Overliner - Pushing Back Reaching Commercial ProductionThose are good points regarding the cash, Upupandaway. The last thing we need is to see them mismatching lower production revenues with the ramp up costs planned for bringing the additional 2 mines into production. I would expect them to keep the cash flow in balance and push back the ramp up schedule to match the delay in Florida Canyon commercial production. If they goof that up and require another private placement, then we would need better quality management to match the quality of the resource. We will know more when we see those monthly production numbers. Pretty easy to see how much cash was generated over the summer when ounces reported.
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