08:49:12 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Rye Patch Gold Corp
Symbol RPM
Shares Issued 146,446,746
Close 2014-07-21 C$ 0.195
Market Cap C$ 28,557,115
Recent Sedar Documents

Lundin says hold Rye Patch Gold

2014-07-22 17:37 ET - In the News

Brien Lundin, in the July, 2014, edition of the Gold Newsletter, says hold Rye Patch Gold Corp., recently 20 cents. Mr. Lundin said buy five times between October, 2009, and June, 2012, at prices ranging from 20 cents to 57 cents. Assuming a $1,000 investment for each of the five buys, the $5,000 position is now worth $3,035. Rye Patch has started a 5,000-metre drill program at its Lincoln Hill gold-silver project in Nevada. It will focus on two targets, Independence Hill and Roosevelt. Mr. Lundin notes that the former hosts four corridors with significant high-grade gold and silver values, and the latter has also returned similarly high-grade gold and silver in sampling programs. Between Lincoln Hill and the 3.4-per-cent net smelter royalty Rye Patch receives from the nearby Rochester silver mine owned by Coeur Mining Inc., says Mr. Lundin, the company has everything it needs to generate exploration news in the months ahead. Rye Patch remains a hold while we wait for drill results.

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