It IS a lot of shares but on the other hand they will have a producing gold mine with very little extra investment or time required. Also, they have the regular payments from Coeur D Alene to help buttress their situation. Rye Patch is not my favorite these days but I’m hanging on to what I have.
Cheers
PS It looks like Coeur D Alene Mining has changed it’s name to Coeur Mining.
Friday, May 3, 2013
Coeur d’ Alene Mining moving to Chicago,to change name.
After much speculation it has been confirmed that the large Coeur d’ Alene based, Coeur d’ Alene Mines Corp. will move it’s headquarters and all operations out of the city later this year. Coeur d’ Alene Mines, which has had it’s home offices in the North Idaho city since 1985 and a local history that goes back many years before 1985, will close up shop in Coeur d’ Alene in September 2013.
The company will relocate it’s headquarters to a yet to be named location in Chicago. Along with the companies move out of Coeur d’ Alene the company will change it’s name to Coeur Mining. The name change is expected to take place in mid-may following to companies annual meeting.
http://www.inlandnwbusiness.com/2013/05/coeur-d-alene-mining-moving-to.html