Rye Patch Gold RPMGD

RE:Crickets Chirping

[upupandaway7]

Still early in the week, with time remaining for Q3 production numbers. I believe we will receive them before weeks end.

June numbers were not very good at just under 2,900 ounces of gold with the challenges faced, however that sets the bar for improved numbers for Q3 knowing the equipment was fully operational sometime in mid July and was exceeding expectations through August. Some encouraging points from their last press release on September 14th tells me that they should have some decent gold production even if they are not at commercial production, especially in Q4:

"Mine production in July and August totalled approximately 1.7 million tons, which exceeded budgeted production for those months by 48%;
Maintenance issues with haulage trucks have been resolved and all eleven 785-CAT haul trucks were operational during July and August. Availability was 84% in July. All loading equipment is fully operational. Four 785C-Cat haul trucks are expected to arrive in Q4;
Crushed tons exceeded budget by approximately 16% for July and August with a total of approximately 1.36 million tons placed on the leach pad during those months;
The grade of material placed on the leach pad was 13% higher for the month of July than predicted and at the predicted grade for August. The transition from the Phase 1A pad to Phase 1B is now complete.
Both the acid wash circuit and the regeneration kiln have been online and fully operational since mid-July;
The rate of gold recoveries is consistent with modelled recovery curves.

I am frustrated with how the stock has been trading, but am hopeful results may pleasantly surprise on the good side, but time will tell.