Four Active Mining Companies You Should Be Watching

TGR: Why could this deal be important for Rye Patch?

TL: Well, acquiring an asset at less than 50% of the NPV always is accretive for one's shareholders, but what could be even more important is the fact Rye Patch will join the ranks of producers within the next 12 months; it expects to start producing gold at Florida Canyon at a rate of 75,000 oz per year from next year on.

The additional cash flow will obviously also help to fund the development of the nearby Lincoln Hill project and on top of that, Rye Patch will gain a lot of experience operating a heap-leach mine that it could then use to ensure a smooth start-up at Lincoln Hill before the end of this decade.

TGR: Thank you for your insights, Thibaut.

Thibaut Lepouttre Thibaut Lepouttre is the editor of the Caesars Report, a newsletter and mining portal based in Belgium that covers several junior mining companies with a special focus on precious metals and base metals. Lepouttre has a Bachelor of Law degree and two economics masters degrees that have forged his analytical approach to the mining sector. Considered a number cruncher, Lepouttre focuses on the valuations of companies and is consistently on the lookout for the next undervalued mining company.

1 2 3 4
View single page >> |

Disclosure: 

1) Patrice Fusillo compiled this interview for Streetwise Reports LLC and ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.