Post by
pipefit2 on Jan 08, 2016 1:24pm
Venture weak
If I had to guess, I would say that Rye Patch stock is being softened by the weak Venture Composite. Those Gold Ridge results the other day were not half bad, especially when you consider that the top of most of the intersections is only about 60 meters below ground level. Compare this to Wilco, where you have to drill much deeper to find simialr intersections.
This is probably crucial to the success of the company, since Lincoln is on the very small side. If they can prove up another one half million gold eq. ounces, or more, that would probably provide the tipping point to move this Lincoln area project forward.