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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

Post by Mickey5on Jan 10, 2018 10:19pm
256 Views
Post# 27330285

Up next: dilution

Up next: dilutionMassive private placement is probably coming next, watch out.  What other reason to do a reverse split now?  They could have just left it and in a few months with positive cash flow and increasing production this would easily double, but that probably wouldn’t leave much money for management’s bonuses.  The only logical solution in the eyes of a ceo: private placement.  
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