Rye Patch Gold RPMGD

market cap less than 100milj cad

[frkcaro01]

this is unreal
going to 100k production by 2018 q2
cash of  +/- 10 milj

this must be the cheapest miner in the world or
the biggest scam ever

[Chutzpah]

Cash more like 25M after bought deal proceeds willbe received.... from prospectus just filled today: As at May 31, 2017, the Company had cash and cash equivalents of $7,624,522 (not including the proceeds of sale of the Rochester Royalty of $7,230,354 received June 1, 2017) compared to $9,810,168 as at March 31, 2017. The Company had an estimated working capital deficiency of $8,864

[frkcaro01]

so why this market cap ? 25 milj cash... going to 100k production

[Chutzpah]

whole Venture is in the cr@per, more even so the gold mining stocks still in ramp up,so has to prove itself and lastly as stock was recovering towards 30c this bought deal didnt help a bit 

[Fullplate]

The bought deal killed the little momentum there was and demoralized many of the loyal shareholders. Like many of us, I assume they needed the extra capital but am disappointed it was necessary. The only way my disappointment will be overcome is if it can be demonstrated that the funds result in the 6000 ounce per month production goal being met this fall and production continuing to ramp up to

[rozelli]

Y selling the royalty seemed like a prudent decision but it was a valued asset...Decision to but dilution to expand after ? Let's prove we can actually mine what we planned on first.   Obviously the market has lost faith in these guys. Holding and whining.