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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 May 17, 2022 1:45pm
205 Views
Post# 34689748

next stop 0.50 cents

next stop 0.50 centsI foolishly have a lot of this stock and stuck with Ben for years despite the shanagians he played with the stock and the insiders as well as using the mine as collateral for a 1 million dollar loan. Even the auditors report says there are poor internal controls.

His lack of press releases and news of any progress leaves me disappointed and  the expenses on the financial statements pertain primarily  to employee (2) expenses; very little about furthering the project.

This has to be one of the worst junior gold companies over the last 3-4 years. The stock market since 2018 has been on a tear and except for this correction most stockholders have been winners. A rising tide raises all boats unless the boat is inder water and weighed down by poor management.

The bottom line is that I have no one  to blame but myself and my poor judgement. Will try to do better in the future.
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