To facilitate the ongoing review of its Form 10, $RITE just filed amended financial statements reflecting revised acquisition accounting treatment following discussions with SEC Staff. https://t.co/UGuarzcNWQ #MineralRite#RITE#InvestorRelations#OTCMarkets#RITEplace#RITEtime
$RITE 8-K on EDGAR & IR: Private Transfer of 6.9M Series NMC Preferred shares & 6.9M warrants from NMC to Abstract Concepts 1618 and standstill agreement capping voting power at 45%. NO NEW SECURITIES ISSUED. #MineralRite#RITE#InvestorRelations#OTCMarkets#RITEplace#RITEtime
The $RITE secret.
Back in the 1980’s the original owners went in search of a gold mine.
They didn’t really find one.
In 2007, Blackstone (the largest private equity firm in the world) went in search of a gold mine. They spent a lot of money on due diligence and a professional assay that confirmed what the original owners found. It’s not really a gold mine.
Ladies and gentlemen, what the original owners found, and what Blackstone confirmed with professional precision, is that we do not have a gold mine.
What we have is…an Iridium mine, that also happens to be rich with gold.
Our best case scenario just got significantly BETTER.
At current market prices, our gold is worth about $3 Billion. But our true value is the Iridium, which is currently valued 3x higher than our gold deposits at $9 Billion.
Back when the original owners made the discovery, no one was interested in Iridium. It was cheap. When Blackstone confirmed our Iridium deposits, it was cheap.
And they were all looking for a gold mine.
Since the time our trailings were recovered, the price of Iridium has skyrocketed about 8,000%.
The price of Iridium was far less than the price of gold back then. Today, it has surpassed the price of gold and is currently around $8,000 per ounce
The demand for Iridium is growing and the price is expected to continue higher.
And WE own an IRIDIUM mine…also full of GOLD
Starting to make more sense?
This is the secret of $RITE
$RITE filed an 8-K and Press Release on EDGAR, recapping Key Developments for Q1-2026: Skull Valley lease; Qualified Person activities; new Advisor engagement; Shareholder actions… https://t.co/jCuxMCsN4b #MineralRite#RITE#InvestorRelations#OTCMarkets#RITEplace#RITEtime