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Bullboard - Stock Discussion Forum Rise Gold Ord Shs RYES


Primary Symbol: C.RISE

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

Rise Gold Ord Shs > next stop 0.50 cents
View:
Post by Irishmist1965 on May 17, 2022 1:45pm

next stop 0.50 cents

I 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.
Comment by Mckessa1717 on Jun 15, 2022 11:01pm
Don't be so hard on yourself youngster we all have been there.
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