22:24:51 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Rye Patch Gold Corp
Symbol RPM
Shares Issued 143,838,246
Close 2016-02-12 C$ 0.15
Market Cap C$ 21,575,737
Recent Sedar Documents

Lundin says buy Rye Patch Gold

2016-02-12 20:46 ET - In the News

Brien Lundin, in the February, 2016, edition of the Gold Newsletter, says buy Rye Patch Gold Corp., recently 12 cents. Mr. Lundin said buy Rye Patch six times between October, 2009, and July, 2015, at prices ranging from 16 cents to 57 cents. Assuming a $1,000 investment for each of the six buys, the $6,000 position is now worth $2,571. Rye Patch has been stirring up news lately, announcing an extension to its earn-in agreement on the Patty project, releasing promising drill results from its Gold Ridge property and acquiring claims in Panther Creek. The Patty project, located in Nevada, is optioned from the Barrick group. Under the amended deal, Rye Patch will have until Dec. 31, 2017, to fulfill its $5-million (U.S.) expenditure requirement to earn in. The company's Gold Ridge project, also in Nevada, recently returned 1.16 grams per tonne gold equivalent over 42.6 metres and 0.91 gram per tonne Au over 18.3 metres. These promising results encouraged Rye Patch to stake the Panther Creek claims just south of the property. With its royalty stream on Couer Mining's Rochester mine, Rye Patch is well positioned to thoroughly explore the potential at Gold Ridge and Panther Creek. Buy.

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