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Bullboard - Stock Discussion Forum 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... see more

CSE:RISE - Post Discussion

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Comment by Calgary1111 on Feb 18, 2021 4:32pm

RE:Sp

Yep, so then what happens? Can they use past drilling results to make up a resource? Do they even have enough info to do that? I know the back story that the past miners were about to go from producing 100,000 ounces of gold a year to 200,000 ounces per year before it was shut down due to outside factors. But I'd bet we can't get enough funding to get this rolling based on just that information alone? Tell me what you'd like to see/ or think are the next steps after a permit is issued.
Comment by Lenard on Apr 21, 2021 10:11am
The company has been core drilling for a few years now. They used directional drilling and went deep. Their data on resourses is new data not old. On top of that a few well heeled international mining firms are major shareholders. The general public only holds a small percentage of stock. The discarded rubble left underground has proven to have high consentrations. That material only needs to have ...more  
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