Rise Gold Appoints New CEO Amid Strategic Review
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Rise Gold Corp. has appointed David Watkinson as the new President, CEO, and Director, succeeding Joseph Mullin. Watkinson's experience in mine development is expected to influence the company's strategic direction, especially with the review of historical data indicating significant tungsten deposits at the Idaho-Maryland mine. Despite these changes, Spark's analysis rates TSE:RISE as underperforming due to financial challenges, including zero revenue and persistent losses, making it a high-risk investment.
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