Rye Patch Gold RPMGD

3rd Quarter Production Numbers Next Week

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Sorry for the headline. I am by no means predicting that Rye Patch will publicly release the promised quarterly production numbers next week. They already know what they are this week, and the number will be very firm early next week. However, we all know that they have not reached commercial monthly production numbers, which back in May, looked like a cinch by October.

Despite my frustration and criticism regarding this subject, I expect to see some decent numbers, numbers that would have been satisfactory for June or July.  If the "catch-up" promised in the last news release is to be taken at face value, we should see good production numbers in the January report. The 3rd quarter financials won't be released for another two months, so the cash situation will only become known sooner if there is another round of financing. I hope they avoid that. I would rather not rush becoming a mid-tier producer at the expense of current shareholders. Howald should have the good sense and patience to put the interests of his shareholders ahead of the ego boost coming from a rapid rise in size. A slower ramp up will protect cash and result in later sales of more gold at higher prices.