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Rise Gold Ord Shs C.RISE

Alternate Symbol(s):  RYES

Rise Gold Corp. is a Canada-based exploration-stage mining company. The Company's principal asset is the past-producing Idaho-Maryland Gold Mine property (I-M Mine Property) located in Nevada County, California, United States. The I-M Mine Property is a past producing high-grade property near Grass Valley, California, United States, which the Company owns outright through its wholly owned subsidiary, Rise Grass Valley, Inc. The I-M Mine Property is a private land, which covers approximately 175 acres of surface land and approximately 2600 acres of private mineral rights. The I-M Mine Property surface rights include three parts of fee simple land, such as Idaho land representing approximately 56 acres, Brunswick land representing approximately 37 acres, and the Mill Site property representing approximately 82 acres. The I-M Mine Property consists of parcels of surface land located in portions.


CSE:RISE - Post by User

Post by Irishmist1965on Sep 27, 2021 4:31pm
278 Views
Post# 33925552

a misfit among the juniors

a misfit among the juniorsI may be wrong but  it seems that of the majority of gold/silver stocks, this one has done the worst with one of the higher paid Ceo for an exploration co($500,000/yr) and with only 2 employees. Check their financials and worse look at the results they are getting..nada....It looks like this has been a stock play for the insiders and not really an attempt to bring a  mine into play with actual production.

Most of this seems like amateur hour; i.e, no internal controls on the executives and collaterizing the debt of $1000000 with the mine. A cheap way to get the mine.

Got the loan (before required, could have used a draw system) and paying interest with no income and little prospect of income..

This whole thing looks like a retirement package for the insiders.


I hope to god, they prove me wrong. I look forward to apologizing,,

Also, would someone, anyone provide additional shareholder input. Thank you.
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