Riverside Resources Inc. (TSX-V: RRI) is a prospect generator focused on exploration and discovery of gold, silver and copper projects in Canada, the United States and Mexico. SNNLive spoke with John-Mark Staude, President/CEO of Riverside Resources Inc. at the Growth Capital Expo 2015 in Las Vegas, NV.
Mr. Staude begins the interview with a brief overview of the company and why the company is using the ‘Prospect Generator’ business model, “The first reason we like is it’s not as dilutive as other businesses; we get to use partners to do it. The second reason we like to do it is we get [to] expand between many different opportunities. Currently, we have eight (8) projects going forward; we have drilling, but it doesn’t come off our treasury. The third reason we like it is that it allows us to diversify location. We work in Mexico, Canada and the United States.”
Mr. Staude goes on to discuss how the drop in commodities’ prices has affected the Company, how Riverside derives revenue using the ‘Prospect Generator’ business model, how the company assesses projects to add to the company’s portfolio, the company’s work in Sonora, Mexico, and his insights going into 2015-2016.
For more information about Riverside Resources Inc., go to: www.RivRes.com
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