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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 18, 2017 6:08pm
140 Views
Post# 26711227

RE:PI Financial: Buy rating and $0.55 target price for RPM

RE:PI Financial: Buy rating and $0.55 target price for RPMThanks for sharing the PI Financial report, Stockmaster. It was a very well written analysis. The disappointment they expressed sums up my feelings exactly.  Whether the stock goes to 55 cents or 80 cents is only a function of time. The higher share prices will require the company to gain commercial production at Florida Canyon and be able to ramp up the other mines using cash flow, not more financing. That should still be possible, but until we see the 3rd quarter numbers, I wouldn't want to make that bet. 
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