UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

(Mark One)

[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act
    of 1934 for the Fiscal Year Ended

                               November 30, 2007

[ ] Transition Report Under Section 13 or 15(d) of the Securities Exchange Act
    of 1934

                             RITE TIME MINING, INC.
              (Exact name of small business issuer in its charter)

           Nevada                        333-140900              20-4856983
(State or other jurisdiction of         (Commission            (IRS Employer
 incorporation or organization)         File Number)         Identification No.)

                            47395 Monroe Street #274
                                 Indio, CA 92201
                    (Address of principal executive offices)

                    Issuer's telephone number: (760) 393-8009

      Securities registered under Section 12(b) of the Exchange Act: None.

         Securities registered under Section 12(g) of the Exchange Act:
                        Common Stock, $0.001 par value.

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. [X] Yes [ ] No

Check if there is no disclosure of delinquent filers in response to Item 405 or
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB [X]

Indicate by check mark whether the registrant is a shell company (Rule 12b-2 of
the Exchange Act) [X] Yes [ ] No

State issuer's revenues for its most recent fiscal year: $0.00

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold: $25,000 (1,250,000 common shares @ $0.02 per share)

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of November 30, 2007, the issuer
had 2,750,000 shares of common stock issued and outstanding.
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           CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this annual report on Form 10-KSB contain or may contain
forward-looking statements that are subject to known and unknown risks,
uncertainties and other factors which may cause actual results, performance or
achievements to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. These
forward-looking statements were based on various factors and were derived
utilizing numerous assumptions and other factors that could cause our actual
results to differ materially from those in the forward-looking statements. These
factors include, but are not limited to, our ability to consummate a merger or
business combination, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate risk, U.S. and
global competition, and other factors. Most of these factors are difficult to
predict accurately and are generally beyond our control. You should consider the
areas of risk described in connection with any forward-looking statements that
may be made herein. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this report.
Readers should carefully review this annual report in its entirety, including
but not limited to our financial statements and the notes thereto. Except for
our ongoing obligations to disclose material information under the Federal
securities laws, we undertake no obligation to release publicly any revisions to
any forward-looking statements, to report events or to report the occurrence of
unanticipated events. For any forward-looking statements contained in any
document, we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.

                                     PART I

ITEM 1. DESCRIPTION OF BUSINESS

GENERAL INFORMATION

We are an exploration stage company with no revenues and a limited operating
history. Our independent auditor has issued an audit opinion which includes a
statement expressing substantial doubt as to our ability to continue as a going
concern.

There is the likelihood of our mineral claim containing little or no economic
mineralization or reserves of silver and other minerals. The Jeannie Mineral
Claim is comprised of 4 contiguous claims totaling 82.6 acres. The property may
be located on the Okanogan County, Washington State, USA. If our claim does not
contain any reserves all funds that we spend on exploration will be lost. Even
if we complete our current exploration program and are successful in identifying
a mineral deposit we will be required to expend substantial funds on further
drilling and engineering studies before we will know if we have a commercially
viable mineral deposit or reserve.

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                            GLOSSARY OF MINING TERMS

"Argillite"             A fine-grained sedimentary rock composed predominately
                        of hard clay particles
"BCDM"                  British Columbia Department of Mines
"Carbonate"             A salt of carbonic acid
"Chloritic"             A salt of chlorous acid
"Clastic"               Rocks formed from fragments of pre-existing rock
"Cretaceous"            The Cretaceous period is one of the major divisions of
                        the geologic timescale, reaching from the end of the
                        Jurassic period, about 146 million years ago to the
                        beginning of the Paleocene epoch of the Tertiary period
"Eocene"                The Eocene epoch (56-34 Ma) is a major division of the
                        geologic timescale and the second epoch of the
                        Palaeogene period in the Cenozoic era. The Eocene spans
                        the time from the end of the Paleocene epoch to the
                        beginning of the Oligocene epoch.
"Epigenetic"            the study of the processes involved in the unfolding
                        development of an organism
"Felsic Dike"           Felsic is a term used in geology to refer to silicate
                        minerals, magmas, and rocks which are enriched in the
                        lighter elements such as silica, oxygen, sodium, and
                        potassium. A dike is an intrusion into a cross-cutting
                        fissure, meaning a dike cuts across other pre-existing
                        layers or bodies of rock, this means that a dike is
                        always younger than the rocks that contain it.
"Fossiliferous"         Fossil-containing rock formations and sedimentary layers
"Galena"                A lead ore
"Geological mapping"    The process of observing and measuring geological
                        features in a given area and plotting these features, to
                        scale, onto a map
"Gold" or "Au"          A heavy, soft, yellow, ductile, malleable, metallic
                        element. Gold is a critical element in computer and
                        communications technologies
"Granodioritic"         An intrusive igneous rock similar to granite, but
                        contains more plagioclase than potassium feldspar
"Hydrothermal"          Hydrothermal circulation occurs most often in the
                        vicinity of sources of heat within the Earth's crust.
                        This generally occurs near volcanic activity, but can
                        occur in the deep crust related to the intrusion of
                        granite
"Marcasite"             Sometimes called white iron pyrite, an iron sulfide
                        (FeS2). Marcasite is often mistakenly confused with
                        pyrite, but marcasite is lighter and more brittle.
"Mineral claim"         A portion of land held either by a prospector or a
                        mining company, in British Columbia each claim is 500m x
                        500m (1,640 ft2)

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"MINFILE"               A government data base detailing mineral occurrences in
                        BC
"Ore"                   A mixture of mineralized rock from which at least one of
                        the metals can be extracted at a profit
"Precious metal"        Any of several metals, including gold and platinum, that
                        have high economic value - metals that are often used to
                        make coins or jewelry
"Pyrite"                A yellow iron sulphide mineral - sometimes referred to
                        as "fools gold"
"Quartz"                Common rock forming mineral consisting of silicon and
                        oxygen
"Sandstone"             A sedimentary rock composed mainly of sand-size mineral
                        or rock grains
"Sedimentary rocks"     Secondary rocks formed from material derived from other
                        rocks and laid down underwater.
"Siltstone"             A sedimentary rock that is intermediate in grain size
                        between the coarser sandstone and the finer shale
"Silver" or "Ag"        A soft white lustrous transition metal, it has the
                        highest electrical and thermal conductivity of any metal
                        and occurs in minerals and in free form.
"Soil sampling"         The collecting of samples of soil, usually 2 pounds per
                        sample, from soil thought to be covering mineralized
                        rock. The samples are submitted to a laboratory that
                        will analyze them for mineral content
"Sphalerite"            A zinc sulphide mineral; the most common ore mineral of
                        zinc
"Tertiary"              One of the major divisions of the geologic timescale,
                        from the end of the Cretaceous period about 65 million
                        years ago to the start of the Quaternary period about
                        1.6 million years ago.
"Trenching"             The digging of long, narrow excavation through soil, or
                        rock, to expose mineralization
"Tuff"                  A type of rock consisting of consolidated volcanic ash
                        ejected from vents during a volcanic eruption
"Vein"                  A crack in the rock that has been filled by minerals
                        that have traveled upwards from a deeper source
"Volcanic rocks"        Igneous rocks formed from magma that has flowed out or
                        has been violently ejected from a volcano
"Wacke"                 A soft, earthy, dark-colored rock or clay derived from
                        the alteration of basalt.
"Zinc" or "Zn"          A white metallic element

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GENERAL INFORMATION

The one property in the Company's portfolio, on which the net proceeds of the
offering that was completed in April 2007 will be spent, is the For Jeannie
mineral property, comprised of 4 contiguous claims totaling 82.6 acres, located
on the Okanogan County, Washington State, USA.

The claims are motor vehicle accessible from the Town of Oroville, WA by
traveling 7 miles northwest along the Loomis Oroville road on the northside of
the Similkameen River.

The For Jeannie property lies in the interior region of northern Washington
State in the Dry Interior belt. The area experiences about 15" of precipitation
annually of which about 20% may occur as a snow equivalent. The summers can
experience very hot weather while the winters can be cold, but for shorter
periods of time.

Much of this area of the interior plateau, with its open rolling hills, hosts
patches of Ponderosa pine and Douglas fir and groves of aspen in the wetter
areas. The general area still supports an active logging industry. Mining holds
an historical and somewhat contemporary place in the development and economic
well being of the area.

The City of Spokane, Washington which lies 175 miles southeast of the property
offers most of the necessary infrastructure required to base and carry-out an
exploration and mine development program. The Town of Oroville which lies 7
miles to the southeast offers the necessary amenities to carry-out exploration
of the property (accommodations, communications, equipment and supplies).

There is not a plant or any equipment currently located on the property. The
initial exploration phase will be supported by generators. Water required for
exploration and development of the claim is available.

As exploration work is conducted and assessed, a decision would be made as to
its importance and priority. The next phase of work will be determined by the
results from the preceding phase.

The cost of the exploration program is $7,000 for the initial phase of
exploration, $14,000 for the contingent second phase and $40,000 for the
contingent third phase. The fieldwork for Phase 1 of the exploration program was
completed in August 2007.

Because we have only recently commenced our exploration program we cannot
provide a more detailed discussion of our plans if we find a viable store of
minerals on our property, as there is no guarantee that exploitable
mineralization will be found, the quantity or type of minerals if they are found
and the extraction process that will be required. We are also unable to assure
you we will be able to raise the additional funding to proceed with any
subsequent work on the claims if mineralization is found.

                                       5
<PAGE>
ACQUISITION OF THE MINERAL CLAIM

The For Jeannie Mineral Claim was staked is recorded in the name of Rite Time
Mining, Inc. and is in good standing to September 1, 2008. The fees paid to the
BLM (Bureau of Land Management) were $680.

REQUIREMENTS OR CONDITIONS FOR RETENTION OF TITLE

They claim was recorded with the County and the BLM. In August 2007 we were
required to make a filing that disclosed our intent to do fieldwork and record
it as assessment work with the BLM.

LOCATION, ACCESS, CLIMATE, LOCAL RESOURCES & INFRASTRUCTURE

The claims are motor vehicle accessible from the Town of Oroville, WA by
traveling 7 miles northwest along the Loomis Oroville road on the northside of
the Similkameen River.

The For Jeannie property lies in the interior region of northern Washington
State in the Dry Interior belt. The area experiences about 15" of precipitation
annually of which about 20% may occur as a snow equivalent. The summers can
experience very hot weather while the winters can be cold, but for shorter
periods of time.

Much of this area of the interior plateau, with its open rolling hills, hosts
patches of Ponderosa pine and Douglas fir and groves of aspen in the wetter
areas. The general area still supports an active logging industry. Mining holds
an historical and somewhat contemporary place in the development and economic
well being of the area.

The City of Spokane, Washington which lies 175 miles southeast of the property
offers most of the necessary infrastructure required to base and carry-out an
exploration and mine development program. The Town of Oroville which lies 7
miles to the southeast offers the necessary amenities to carry-out exploration
of the property (accommodations, communications, equipment and supplies).

The claim area ranges in elevation from 2,000' to 2,500' mean sea level. The
physiographic setting of the property can be described as rounded, open range
with pockets of Ponderosa pine and Douglas fir and scattered clusters of aspens
on a gentle southern slope of Mt. Kruger. The area has been superficially
altered both by the erosional and the depositional (drift cover) effects of
glaciations. Thickness of drift cover in the valleys may vary considerably.
Fresh water lakes and small streams are quite abundant in the area.

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                        [MAP SHOWING THE CLAIM LOCATION]




                                       7
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HISTORY

The recorded mining history of the general area dates from the 1890's when gold
miners passed through the area, often heading further north. Some placer gold
occurrences were discovered in the area about the same time, but the bulk of the
more significant lode gold and base metal discoveries were made in the late
1930's and early 1940's in the vicinity of the Similkameen River drainage. The
For Jeannie property (formerly the Blanche property) appears to have undergone
its main exploration and development work in 1938 as a gold-silver lode
occurrence. The property underwent testing with two adits, 80' and 100' in
length and two 10' deep shafts. Reported assays of gold and silver were gross
valued at a combined $56/ton at 1938 prices across widths of 42" - 48".

GEOLOGICAL SETTING

REGIONAL GEOLOGY

The regional geological mapping relied upon in this report was obtained from the
compilation map of the geology of the State of Washington, 1961. The general
area is seen to be underlain by northerly trending rock assemblages deposited
during the Paleozoic and Mesozoic eras. The oldest rock units trend northerly
and are often fault bounded on the east and west sides which may account for
these units currently being exposed at the surface and in contact with much
younger rocks. These old faults may have a position of importance in the upward
migration of hydrothermal fluids and accompanying mineralization.

LOCAL GEOLOGY

The local geological mapping was gleaned from a good coverage by government
geological surveys on both sides of the 49th parallel. The three broad rock
assemblages are observed in the area, older metamorphic (changed textures and
rock minerals), the later intrusive igneous rocks and the younger
volcano-sedimentary rocks and their possible accompanying intrusive sources.

PROPERTY GEOLOGY

The geology of the For Jeannie property and close-by areas may be described as
being underlain by the younger Mesozoic age intrusive units of a wide ranging
compositional character and the older Pre-Cambrian metamorphic rocks.
Subsequently structural events that created the necessary receptiveness by
faulting and fracturing of the host rocks to accept the alteration and
mineralization observed in the quartz-welded zones or veins containing the gold.

DEPOSIT TYPE

The deposit types that are found occurring in the area are quartz vein systems
that host many of the lode gold occurrences. Limestone replacement and skarn
zones are not an infrequent type of base and precious metal occurrence in the

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<PAGE>
larger area. There is much masking of bedrock and alteration and mineralization
with the generally thinner veneer of glacial debris cover and subsequent soil
development.

Geophysical techniques may be most effective in the covered areas as a follow-up
to prospecting, trenching and sampling of the phase one program.

MINERALIZATION

Our consulting geologist has observed in places within the general area
pyrite-pyrrhotite-chalcopyrite mineralization as mesothermal replacements or
vein-type of occurrences that lie peripheral to the porphyry-type occurrence in
the enclosing and underlying intrusives and the overlying volcanic tuffs
(volcanic skarn). These occurrences were observed in the massive volcanic units
and in medium grain-sized intrusive rock within steeply dipping to vertical
fissure/fault zones with some dissemination in the adjacent wallrock. Alteration
accompanying the pyritization is often observed as
epidote-chlorite-calcite-(sericite)-magnetite, as a propylitic alteration
assemblage.

The mineralization encountered at the For Jeannie mineral claims is reportedly
as gold and silver within a quartz (vein) or larger fracture-welded zone.

COMPETITION

We do not compete directly with anyone for the exploration or removal of
minerals from our property as we hold all interest and rights to the claim.
Readily available commodities markets exist in the U.S. and around the world for
the sale of gold, silver and other minerals. Therefore, we will likely be able
to sell any gold, silver or other minerals that we are able to recover.

We will be subject to competition and unforeseen limited sources of supplies in
the industry in the event spot shortages arise for supplies such as dynamite,
and certain equipment such as bulldozers and excavators that we will need to
conduct exploration. If we are unsuccessful in securing the products, equipment
and services we need we may have to suspend our exploration plans until we are
able to do so.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceeding.

REORGANIZATIONS, PURCHASE OR SALE OF ASSETS

There have been no material reclassifications, mergers, consolidations, or
purchase or sale of a significant amount of assets not in the ordinary course of
business.

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COMPLIANCE WITH GOVERNMENT REGULATION

We will be required to comply with all regulations, rules and directives of
governmental authorities and agencies applicable to the exploration of minerals
in the United States generally, and in Washington State specifically. We will
also be subject to the regulations of the Bureau of Land Management.

PATENTS, TRADEMARKS, FRANCHISES, CONCESSIONS, ROYALTY AGREEMENTS, OR LABOR
CONTRACTS

We have no current plans for any registrations such as patents, trademarks,
copyrights, franchises, concessions, royalty agreements or labor contracts. We
will assess the need for any copyright, trademark or patent applications on an
ongoing basis.

NEED FOR GOVERNMENT APPROVAL FOR ITS PRODUCTS OR SERVICES

We are not required to apply for or have any government approval for our
products or services.

RESEARCH AND DEVELOPMENT COSTS DURING THE LAST TWO YEARS

We have not expended funds for research and development costs since inception.
EMPLOYEES AND EMPLOYMENT AGREEMENTS

Our only employee is our sole officer, Linda Farrell. Ms. Farrell currently
devotes 5 hours per week to company matters and after receiving funding she
plans to devote as much time as the board of directors determines is necessary
to manage the affairs of the company. There are no formal employment agreements
between the company and our current employee.

REPORTS TO SECURITIES HOLDERS

We provide an annual report that includes audited financial information to our
shareholders. We will make our financial information equally available to any
interested parties or investors through compliance with the disclosure rules of
Regulation S-B for a small business issuer under the Securities Exchange Act of
1934. We will become subject to disclosure filing requirements once our SB-2
registration statement becomes effective, including filing Form 10K-SB annually
and Form 10Q-SB quarterly. In addition, we will file Form 8K and other proxy and
information statements from time to time as required. We do not intend to
voluntarily file the above reports in the event that our obligation to file such
reports is suspended under the Exchange Act. The public may read and copy any
materials that we file with the Securities and Exchange Commission, ("SEC"), at
the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. The
public may obtain information on the operation of the Public Reference Room by
calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site
(http://www.sec.gov) that contains reports, proxy and information statements,
and other information regarding issuers that file electronically with the SEC.

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RISK FACTORS

WE ARE AN EXPLORATION STAGE COMPANY BUT HAVE ONLY RECENTLY COMMENCED EXPLORATION
ACTIVITIES ON OUR CLAIM. WE EXPECT TO INCUR OPERATING LOSSES FOR THE FORESEEABLE
FUTURE.

     We commenced exploration on the Jeannie Mineral Claims in August 2007.
     Accordingly, we have no way to evaluate the likelihood that our business
     will be successful. We were incorporated on May 2, 2006 and to date have
     been involved primarily in organizational activities and the acquisition of
     the mineral claim. We have not earned any revenues as of the date of this
     prospectus. Potential investors should be aware of the difficulties
     normally encountered by new mineral exploration companies and the high rate
     of failure of such enterprises. The likelihood of success must be
     considered in light of the problems, expenses, difficulties, complications
     and delays encountered in connection with the exploration of the mineral
     properties that we plan to undertake. These potential problems include, but
     are not limited to, unanticipated problems relating to exploration, and
     additional costs and expenses that may exceed current estimates. Prior to
     completion of our exploration stage, we anticipate that we will incur
     increased operating expenses without realizing any revenues. We expect to
     incur significant losses into the foreseeable future. We recognize that if
     we are unable to generate significant revenues from development and
     production of minerals from the claim, we will not be able to earn profits
     or continue operations. There is no history upon which to base any
     assumption as to the likelihood that we will prove successful, and it is
     doubtful that we will generate any operating revenues or ever achieve
     profitable operations. If we are unsuccessful in addressing these risks,
     our business will most likely fail.

WITHOUT ADDITIONAL FUNDING WE WILL BE UNABLE TO IMPLEMENT OUR BUSINESS PLAN.

     Our current operating funds are less than necessary to complete the
     intended exploration program on our mineral claim. As of November 30, 2007,
     we had cash in the amount of $21,499. We currently have limited operations
     and we have no income.

OUR INDEPENDENT AUDITOR HAS ISSUED AN AUDIT OPINION FOR RITE TIME MINING, INC.
WHICH INCLUDES A STATEMENT DESCRIBING OUR GOING CONCERN STATUS. OUR FINANCIAL
STATUS CREATES A DOUBT WHETHER WE WILL CONTINUE AS A GOING CONCERN.

     As described in Note 6 of our accompanying financial statements, our lack
     of operations and any guaranteed sources of future capital create
     substantial doubt as to our ability to continue as a going concern. If our
     business plan does not work, we could remain as a start-up company with
     limited operations and revenues.

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<PAGE>
BECAUSE MANAGEMENT HAS NO TECHNICAL EXPERIENCE IN MINERAL EXPLORATION, OUR
BUSINESS HAS A HIGHER RISK OF FAILURE.

     Our director has no professional training or technical credentials in the
     field of geology and specifically in the areas of exploring, developing and
     operating a mine. As a result, we may not be able to recognize and take
     advantage of potential acquisition and exploration opportunities in the
     sector without the aid of qualified geological consultants. Management's
     decisions and choices may not take into account standard engineering or
     managerial approaches mineral exploration companies commonly use.
     Consequently our operations, earnings and ultimate financial success may
     suffer irreparable harm as a result.

THERE IS THE RISK THAT OUR PROPERTY DOES NOT CONTAIN ANY KNOWN BODIES OF ORE
RESULTING IN ANY FUNDS SPENT ON EXPLORATION BEING LOST.

     There is the likelihood of our mineral claim containing little or no
     economic mineralization or reserves of silver or other minerals. We have a
     geological report detailing previous exploration in the area, and the claim
     has been staked per BLM regulations. However; there is the possibility that
     the previous work was not carried out properly and our claim does not
     contain any reserves, resulting in any funds spent on exploration being
     lost.

IF WE DISCOVER COMMERCIAL RESERVES OF PRECIOUS METALS ON OUR MINERAL PROPERTY,
WE CAN PROVIDE NO ASSURANCE THAT WE WILL BE ABLE TO SUCCESSFULLY ADVANCE THE
MINERAL CLAIMS INTO COMMERCIAL PRODUCTION.

     If our exploration program is successful in establishing ore of commercial
     tonnage and grade, we will require additional funds in order to advance the
     claim into commercial production. Obtaining additional financing would be
     subject to a number of factors, including the market price for the
     minerals, investor acceptance of our claims and general market conditions.
     These factors may make the timing, amount, terms or conditions of
     additional financing unavailable to us. The most likely source of future
     funds is through the sale of equity capital. Any sale of share capital will
     result in dilution to existing shareholders. We may be unable to obtain any
     such funds, or to obtain such funds on terms that we consider economically
     feasible and you may lose any investment you make in this offering.

IF ACCESS TO OUR MINERAL CLAIM IS RESTRICTED BY INCLEMENT WEATHER, WE MAY BE
DELAYED IN OUR EXPLORATION AND ANY FUTURE MINING EFFORTS.

     It is possible that snow or rain could cause the mining roads providing
     access to our claim to become impassable. If the roads are impassable we
     would be delayed in our exploration timetable.

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BASED ON CONSUMER DEMAND, THE GROWTH AND DEMAND FOR ANY ORE WE MAY RECOVER FROM
OUR CLAIMS MAY BE SLOWED, RESULTING IN REDUCED REVENUES TO THE COMPANY.

     Our continued success will be dependent on the growth of demand for ore. If
     consumer demand slows our revenues may be significantly affected. This
     could limit our ability to generate revenues and our financial condition
     and operating results may be harmed.

BECAUSE OUR CURRENT OFFICER AND DIRECTOR HAS OTHER BUSINESS INTERESTS, SHE MAY
NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS
OPERATIONS, CAUSING OUR BUSINESS TO FAIL.

     Ms. Linda Farrell, our sole officer and director, currently devotes
     approximately 5 hours per week providing management services to us. While
     she presently possesses adequate time to attend to our interests, it is
     possible that the demands on her from other obligations could increase,
     with the result that she would no longer be able to devote sufficient time
     to the management of our business. This could negatively impact our
     business development.

ITEM 2. DESCRIPTION OF PROPERTY

We do not currently own any property. We currently utilize space provided to us
on a rent free basis from our director, Ms. Farrell. Management believes the
current premises are sufficient for its needs at this time.

We currently have no investment policies as they pertain to real estate, real
estate interests or real estate mortgages.

ITEM 3. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings nor do we have any
knowledge of any threatened litigation.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

No matters were submitted to a vote of security holders during the fiscal year
ended November 30, 2007.

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                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our common stock is currently listed for traded on the OTC Bulletin Board under
the symbol "RTME". There has been no active trading market.

Of the 2,750,000 shares of common stock outstanding as of November 30, 2007,
1,500,000 shares are owned by Linda Farrell, our officer and director, and may
only be resold in compliance with Rule 144 of the Securities Act of 1933.

As of November 30, 2007, we have 2,750,000 Shares of $0.001 par value common
stock issued and outstanding held by 28 shareholders of record.

The stock transfer agent for our securities is Signature Stock Transfer, Inc.

DIVIDENDS

We have never declared or paid any cash dividends on our common stock. For the
foreseeable future, we intend to retain any earnings to finance the development
and expansion of our business, and we do not anticipate paying any cash
dividends on its common stock. Any future determination to pay dividends will be
at the discretion of the Board of Directors and will be dependent upon then
existing conditions, including our financial condition and results of
operations, capital requirements, contractual restrictions, business prospects,
and other factors that the board of directors considers relevant.

SECTION RULE 15(g) OF THE SECURITIES EXCHANGE ACT OF 1934

The Company's shares are covered by Section 15(g) of the Securities Exchange Act
of 1934, as amended that imposes additional sales practice requirements on
broker/dealers who sell such securities to persons other than established
customers and accredited investors (generally institutions with assets in excess
of $5,000,000 or individuals with net worth in excess of $1,000,000 or annual
income exceeding $200,000 or $300,000 jointly with their spouses). For
transactions covered by the Rule, the broker/dealer must make a special
suitability determination for the purchase and have received the purchaser's
written agreement to the transaction prior to the sale. Consequently, the Rule
may affect the ability of broker/dealers to sell our securities and also may
affect your ability to sell your shares in the secondary market.

Section 15(g) also imposes additional sales practice requirements on
broker/dealers who sell penny securities. These rules require a one page summary
of certain essential items. The items include the risk of investing in penny
stocks in both public offerings and secondary marketing; terms important to in
understanding of the function of the penny stock market, such as "bid" and

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"offer" quotes, a dealers "spread" and broker/dealer compensation; the
broker/dealer compensation, the broker/dealers duties to its customers,
including the disclosures required by any other penny stock disclosure rules;
the customers rights and remedies in causes of fraud in penny stock
transactions; and, the NASD's toll free telephone number and the central number
of the North American Administrators Association, for information on the
disciplinary history of broker/dealers and their associated persons.

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

We do not have any equity compensation plans and accordingly we have no
securities authorized for issuance thereunder.

SECTION 16(a)

Based solely upon a review of Form 3 and 4 furnished by us under Rule 16a-3(d)
of the Securities Exchange Act of 1934, we are not aware of any individual who
failed to file a required report on a timely basis required by Section 16(a) of
the Securities Exchange Act of 1934.

PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

There were no shares of common stock or other securities issued to the issuer or
affiliated purchasers during the year ended November 30, 2007.

ITEM 6. PLAN OF OPERATION

RESULTS OF OPERATIONS

We have generated no revenues since inception and have incurred $16,001 in
expenses through November 30, 2007.

The following table provides selected financial data about our company for the
years ended November 30, 2007 and 2006.

             Balance Sheet Data:           11/30/07         11/30/06
             -------------------           --------         --------
             Cash                          $21,499          $ 4,854
             Total assets                  $21,499          $ 4,854
             Total liabilities             $ 5,000          $     0
             Shareholders' equity          $16,499          $ 4,854

Cash provided by financing activities for the year ended November 30, 2007 was
$25,000 resulting from the sale of 1,250,000 shares to 27 independent investors.
Cash provided by financing since inception was $7,500 from the sale of shares to

                                       15
<PAGE>
our officer and director and the $25,000 resulting from the sale of our common
stock to 27 independent investors

PLAN OF OPERATION

The following discussion and analysis should be read in conjunction with our
financial statements and notes thereto included elsewhere in this Form 10-KSB.
Except for the historical information contained herein, the discussion in this
Form 10-KSB contains certain forward-looking statements that involve risks and
uncertainties, such as statements of our plans, objectives, expectations and
intentions. The cautionary statements made in this Form 10-KSB should be read as
being applicable to all related forward-looking statements wherever they appear
in this Form 10-KSB. The Company's actual results could differ materially from
those discussed here.

Our current cash balance is $21,499. If we experience a shortage of funds, our
director has agreed to provide additional funding that will enable us to
maintain a positive cash flow needed to pay for our current level of operating
expenses over the next twelve months. There are no formal commitments or
arrangements with our director to advance or loan funds. There are no terms
regarding repayment of any loan or capital contribution.

The consulting geologist, James McLeod completed the field work required for
Phase 1 of our exploration program on the Jeannie 1-4 Mineral Claims in August
2007. He is currently awaiting the results from the assay laboratory and will
then prepare his report and recommendations for further exploration. The cost of
Phase 1 is $7,000. In addition to the Phase 1 costs, we anticipate spending an
additional $13,000 on professional fees, including fees payable in connection
with complying with reporting obligations, and general administrative costs.
Total expenditures over the next 12 months are therefore expected to be
approximately $20,000.

If the results of Phase 1 are favorable, we intend to proceed with phase two of
our exploration program if we are able to raise the funds necessary. The
estimated cost of this program is $14,000 and will take approximately 10 days to
complete and an additional two months for the consulting geologist to receive
the results from the assay lab and prepare his report.

PHASE 2

Magnetometer and VLF electromagnetic, grid controlled
surveys over the areas of interest determined by the Phase 1
survey. Included in this estimated cost is transportation,
accommodation,  board, grid installation, two
geophysical surveys, maps and report                                    14,000

Following phase two of the exploration program, if it proves successful in
identifying mineral deposits, we intend to proceed with phase three of our
exploration program if we are able to raise the funds necessary. The estimated
cost of this program is $40,000 and will take approximately 2 weeks to complete

                                       16
<PAGE>

and an additional two months for the consulting geologist to receive the results
from the assay lab and prepare his report.

PHASE 3

Induced polarization survey over grid controlled anomalous
areas of interest outlined by Phase 1&2 fieldwork. Hoe or
bulldozer trenching, mapping and sampling of bedrock
anomalies. Includes assays, detailed maps and reports                   40,000

Subject to financing, we anticipate commencing the second phase of our
exploration program in spring 2008 and the third phase in summer 2008. We have a
verbal agreement with James McLeod, the consulting geologist who prepared the
geology report on our claim, to retain his services for the second and third
phases of the exploration program. We will require additional funding to proceed
with phase two and any subsequent work on the claim, we have no current plans on
how to raise the additional funding.

CRITICAL ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company reports revenue and expenses using the accrual method of accounting
for financial and tax reporting purposes.

USE OF ESTIMATES

Management uses estimates and assumptions in preparing these financial
statements in accordance with generally accepted accounting principles. Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent assets and liabilities, and the reported revenues
and expenses.

PRO FORMA COMPENSATION EXPENSE

No stock options have been issued by Rite Time Mining Corp. Accordingly; no pro
forma compensation expense is reported in these financial statements.

MINERAL PROPERTY ACQUISITION AND EXPLORATION COSTS

The Company expenses all costs related to the acquisition and exploration of
mineral properties in which it has secured exploration rights prior to
establishment of proven and probable reserves. To date, the Company has not
established the commercial feasibility of any exploration prospects; therefore,
all costs are being expensed.

                                       17
<PAGE>
DEPRECIATION, AMORTIZATION AND CAPITALIZATION

The Company records depreciation and amortization, when appropriate, using both
straight-line and declining balance methods over the estimated useful life of
the assets (five to seven years). Expenditures for maintenance and repairs are
charged to expense as incurred. Additions, major renewals and replacements that
increase the property's useful life are capitalized. Property sold or retired,
together with the related accumulated

Depreciation is removed from the appropriate accounts and the resultant gain or
loss is included in net income.

INCOME TAXES

The Company accounts for its income taxes in accordance with Statement of
Financial Accounting Standards No. 109, "Accounting for Income Taxes". Under
Statement 109, a liability method is used whereby deferred tax assets and
liabilities are determined based on temporary differences between basis used for
financial reporting and income tax reporting purposes. Income taxes are provided
based on tax rates in effect at the time such temporary differences are expected
to reverse. A valuation allowance is provided for certain deferred tax assets if
it is more likely than not, that the Company will not realize the tax assets
through future operations.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial accounting Standards Statement No. 107, "Disclosures about Fair Value
of Financial Instruments", requires the Company to disclose, when reasonably
attainable, the fair market values of its assets and liabilities which are
deemed to be financial instruments. The Company's financial instruments consist
primarily of cash and certain investments.

INVESTMENTS

Investments that are purchased in other companies are valued at cost less any
impairment in the value that is other than temporary in nature.

PER SHARE INFORMATION

The Company computes per share information by dividing the net loss for the
period presented by the weighted average number of shares outstanding during
such period.

                                       18
<PAGE>
ITEM 7. FINANCIAL STATEMENTS.

MOORE & ASSOCIATES, CHARTERED
  ACCOUNTANTS AND ADVISORS
     PCAOB REGISTERED

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Rite Time Mining, Inc.
(A Development Stage Company)

We have audited the  accompanying  balance  sheet of Rite Time  Mining,  Inc. (A
Development  Stage  Company) as of November 30, 2007 and November 30, 2006,  and
the  related  statements  of  operations,  stockholders'  equity  and cash flows
through  November 30, 2007 and November 30, 2006,  and  Inception on May 3, 2006
through November 30, 2007. These financial  statements are the responsibility of
the Company's  management.  Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted  our audits in  accordance  with  standards  of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and  perform  the  audits to  obtain  reasonable  assurance  about  whether  the
financial  statements  are free of  material  misstatement.  An  audit  includes
examining,  on a test basis,  evidence supporting the amounts and disclosures in
the  financial  statements.  An audit also  includes  assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating the overall  financial  statement  presentation.  We believe that our
audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material  respects,  the  financial  position of Rite Time  Mining,  Inc. (A
Development  Stage  Company)  as of  November  30,  2007 and the  results of its
operations  and its cash flows through  November 30, 2007 and November 30, 2006,
and  Inception on May 3, 2006 through  November 30,  2007,  in  conformity  with
accounting principles generally accepted in the United States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 6 to the
financial  statements,  the Company has incurred  accumulated  losses of $16,001
through November 30, 2007 and has had no sales,  which raises  substantial doubt
about its ability to continue as a going concern.  Management's plans concerning
these  matters are also  described in Note 6. The  financial  statements  do not
include any adjustments that might result from the outcome of this uncertainty.


/s/ Moore & Associates, Chartered
-----------------------------------------

Moore & Associates Chartered
Las Vegas, Nevada
December 17, 2007

               2675 S. Jones Blvd. Suite 109, Las Vegas, NV 89146
                       (702) 253-7499 Fax (702) 253-7501

                                       19
<PAGE>
                             Rite Time Mining, Inc.
                          (A development stage company)
                                  Balance Sheet

                                                     As of              As of
                                                   Year Ended         Year Ended
                                                   11/30/2007         11/30/2006
                                                   ----------         ----------
ASSETS
Current Assets
  Cash                                              $ 21,499           $  4,854
                                                    --------           --------
Total Current Assets                                  21,499              4,854

Fixed Asstes
  Total Fixed Assets                                      --                 --
                                                    --------           --------

Total Assets                                        $ 21,499           $  4,854
                                                    ========           ========

LIABILITIES
  Current Liabilities                               $  5,000
                                                    --------
Total Current Liabilities                              5,000
                                                    --------

Long term Liabilities                                                  $     --
                                                    --------           --------

Total Liabilities                                   $  5,000
                                                    ========           ========
EQUITY
  Additional Paid in Capital                        $ 29,750              6,000
  Common Stock par value 0.001 per share,
   75,000,000 Shares authorized                        2,750              1,500
   2,750,000 shares Issued and outstanding
  Retained Earnings                                   (2,646)            (2,646)
  Net Income                                         (13,355)
                                                    --------           --------
Total Stockholders Equity                             16,499              4,854
                                                    --------           --------

TOTAL LIABILITIES AND SHAREHOLDERS EQUITY           $ 21,499           $  4,854
                                                    ========           ========


   The accompanying notes are an integral part of these financial statements.

                                       20
<PAGE>
                             Rite Time Mining, Inc.
                          (A development stage company)
                                Income Statement

<TABLE>
<CAPTION>
                                                                                 Inception Through
                                           Year Ended           Year Ended           Year Ended
                                           11/30/2007           11/30/2006           11/30/2007
                                           ----------           ----------           ----------
<S>                                        <C>                  <C>                  <C>
Revenue                                    $       --           $       --           $       --
                                           ----------           ----------           ----------
Expenses
  Accounting & Legal Fees                       5,100                   --                5,100
  Bank Service Charge                             136                   24                  160
  Incorporation                                                        850                  850
  Licenses and Permits                            100                  100                  200
  Minersl Expenditures                          4,250                                     4,250
  Office Expense                                1,979                  266                2,245
  Professional fees                               850                                       850
  Transfer Agent fees                             941                                       941
                                           ----------           ----------           ----------
Total Expenses                                 13,356                1,240               14,596

Other Income (expenses)
  Recognition of an Impairment Loss
  (Mineral Claims)                                                                        1,410
                                           ----------           ----------           ----------
Income
  Interest Income                                   1                    4                    5

Net Income (Loss)                          $  (13,355)          $   (1,236)          $  (16,001)
                                           ==========           ==========           ==========

Basic & Diluted (Loss) per Share           $       --           $       --
                                           ==========           ==========

Weighted Average Number of Shares           2,339,137            1,500,000
                                           ==========           ==========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       21
<PAGE>
                             Rite Time Mining, Inc.
                         (A development stage company)
                       STATEMENT OF STOCKHOLDER'S EQUITY
       From Inception May 3, 2006 to Current Year ended November 30, 2007

<TABLE>
<CAPTION>
                                                                                   Deficit
                                                                                 Accumulated
                                                                                   During
                                              Common Stock           Paid in     Development    Total
                                          Shares         Amount      Capital        Stage      Equity
                                          ------         ------      -------        -----      ------
<S>                                   <C>             <C>         <C>        <C>            <C>
Shares issued to founders at
 $0.005 per share, par value .0001       1,500,000       $ 1,500     $ 6,000     $             $  7,500

Net (Loss) for period                                                              (2,646)       (2,646)
                                        ----------       -------     -------     --------      --------
Balance, Nov. 30, 2006                   1,500,000         1,500       6,000       (2,646)        4,854

Common Shares issued for Cash
on 3/29/07 @.02 per share                  795,000           795      15,105
on 4/3/07 @ .02 per share                   80,000            80       1,520
on 4/4/07 @ .02 per share                  200,000           200       3,800
on 4/16/07 @ .02 per share                 175,000           175       3,325                     25,000
Net (Loss)                                                                        (13,355)      (13,355)
                                        ----------       -------     -------     --------      --------

BALANCE, NOV. 30, 2007                  $2,750,000       $ 2,750     $29,750     $(16,001)     $ 16,499
                                        ==========       =======     =======     ========      ========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       22
<PAGE>
                             Rite Time Mining, Inc.
                          (A development stage company)
                             Statement of Cash Flows

<TABLE>
<CAPTION>
                                                                                            Inception Through
                                                          Year Ended         Year Ended         Year Ended
                                                          11/30/2007         11/30/2006         11/30/2007
                                                          ----------         ----------         ----------
<S>                                                       <C>                <C>              <C>
CASH FLOW FROM OPERATING ACTIVITIES
  Net Income (Loss)                                        $(13,355)          $ (2,646)          $(16,001)
                                                           --------           --------           --------
          NET CASH FROM OPERATING ACTIVITIES                (13,355)            (2,646)           (16,001)

NET CASH AFTER OPERATING ACTIVITIES                         (13,355)            (2,646)           (16,001)

CASH FLOW FROM INVESTING ACTIVITIES

          NET CASH FROM FINANCING ACTIVITIES                  5,000                 --              5,000
                                                           --------           --------           --------
NET CASH AFTER OPERATING AND FINANCIAL ACTIVITIES            (8,355)            (2,646)           (11,001)

CASH FLOW FROM FINANCING ACTIVITIES
  Shares Issued at Founders, @ $0.005 Per Share                  --              7,500              7,500
   1,250,000 Shares Issued @ .02 Per Share                   25,000                 --             25,000
                                                           --------           --------           --------
          NET CASH FROM INVESTING ACTIVITIES                 25,000              7,500             32,500

NET CASH AFTER OPERATING, FINANCIAL
 AND INVESTING ACTIVITIES                                    16,645              4,854             21,499

Cash at Beginning of Period                                   4,854                 --                 --
                                                           --------           --------           --------

CASH AT END OF PERIOD                                      $ 21,499           $  4,854           $ 21,499
                                                           ========           ========           ========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       23
<PAGE>
                             RITE TIME MINING CORP.
                         (AN EXPLORATION STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2007


NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Rite Time Mining Corp.  (the Company) was  incorporated on May 3, 2006 under the
laws of the State of Nevada. The Company is primarily engaged in the acquisition
and exploration of mining properties.

The Company has been in the  exploration  stage since its  formation and has not
yet  realized  any revenues  from its planned  operations.  Upon the location of
commercially  mineable  reserves,  the  Company  plans to  prepare  for  mineral
extraction and enter the development stage.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company  reports revenue and expenses using the accrual method of accounting
for financial and tax reporting purposes.

USE OF ESTIMATES

Management   uses  estimates  and   assumptions  in  preparing  these  financial
statements in accordance with generally accepted  accounting  principles.  Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent  assets and liabilities,  and the reported revenues
and expenses.

PRO FORMA COMPENSATION EXPENSE

No stock options have been issued by Rite Time Mining Corp. Accordingly;  no pro
forma compensation expense is reported in these financial statements.

MINERAL PROPERTY ACQUISITION AND EXPLORATION COSTS

The Company  expenses all costs related to the  acquisition  and  exploration of
mineral  properties  in  which  it  has  secured  exploration  rights  prior  to
establishment  of proven and  probable  reserves.  To date,  the Company has not
established the commercial feasibility of any exploration prospects;  therefore,
all costs are being expensed.

DEPRECIATION, AMORTIZATION AND CAPITALIZATION

The Company records depreciation and amortization,  when appropriate, using both
straight-line  and declining  balance methods over the estimated  useful life of
the assets (five to seven years).  Expenditures  for maintenance and repairs are
charged to expense as incurred.  Additions, major renewals and replacements that
increase the property's  useful life are capitalized.  Property sold or retired,
together with the related accumulated

                                       24
<PAGE>
                             RITE TIME MINING CORP.
                         (AN EXPLORATION STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2007


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

Depreciation is removed from the appropriate  accounts and the resultant gain or
loss is included in net income.

INCOME TAXES

The Company  accounts  for its income  taxes in  accordance  with  Statement  of
Financial  Accounting  Standards No. 109,  "Accounting for Income Taxes".  Under
Statement  109,  a  liability  method is used  whereby  deferred  tax assets and
liabilities are determined based on temporary differences between basis used for
financial reporting and income tax reporting purposes. Income taxes are provided
based on tax rates in effect at the time such temporary differences are expected
to reverse. A valuation allowance is provided for certain deferred tax assets if
it is more  likely than not,  that the  Company  will not realize the tax assets
through future operations.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial accounting Standards Statement No. 107,  "Disclosures about Fair Value
of Financial  Instruments",  requires the Company to disclose,  when  reasonably
attainable,  the fair  market  values of its  assets and  liabilities  which are
deemed to be financial instruments.  The Company's financial instruments consist
primarily of cash and certain investments.

INVESTMENTS

Investments  that are  purchased in other  companies are valued at cost less any
impairment in the value that is other than temporary in nature.

PER SHARE INFORMATION

The Company  computes  per share  information  by dividing  the net loss for the
period  presented by the weighted  average number of shares  outstanding  during
such period.

NOTE 3 - PROVISION FOR INCOME TAXES

The provision for income taxes for the period ended November 30, 2007 represents
the minimum  state  income tax expense of the Company,  which is not  considered
significant.

                                       25
<PAGE>
                             RITE TIME MINING CORP.
                         (AN EXPLORATION STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2007


NOTE 4 - COMMITMENTS AND CONTINGENCIES

LITIGATION

The Company is not presently involved in any litigation.

NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Recently issued accounting pronouncements will have no significant impact on the
Company and its reporting methods.

NOTE 6 - GOING CONCERN

Future  issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its  operations  and  continue as a
going concern. The Company's present revenues are insufficient to meet operating
expenses.

The consolidated financial statements of the Company have been prepared assuming
that the Company will continue as a going  concern,  which  contemplates,  among
other things,  the realization of assets and the  satisfaction of liabilities in
the normal course of business. The Company has incurred cumulative net losses of
$  16,001.  since  its  inception  and  requires  capital  for its  contemplated
operational  and marketing  activities to take place.  The Company's  ability to
raise  additional  capital  through  the  future  issuances  of common  stock is
unknown. The obtainment of additional financing,  the successful  development of
the Company's contemplated plan of operations,  and its transition,  ultimately,
to the  attainment  of  profitable  operations  are necessary for the Company to
continue  operations.  The ability to  successfully  resolve these factors raise
substantial  doubt about the Company's  ability to continue as a going  concern.
The  consolidated  financial  statements  of  the  Company  do not  include  any
adjustments   that  may  result  from  the   outcome  of  these   aforementioned
uncertainties.

NOTE 7 - RELATED PARTY TRANSACTIONS

Linda Farrell,  the sole officer and director of the Company may, in the future,
become involved in other business  opportunities as they become available,  thus
she may face a conflict in selecting  between the Company and her other business
opportunities.  The Company has not  formulated a policy for the  resolution  of
such conflicts.

Linda  Farrell,  the sole officer and director of the Company,  will not be paid
for any  underwriting  services  that she performs on behalf of the Company with
respect to the Company's  upcoming SB-2 offering.  She will also not receive any
interest on any funds that she  advances to the  Company for  offering  expenses
prior to the offering being closed which will be repaid from the proceeds of the
offering.

While the Company is seeking additional capital,  Ms. Farrell has advanced funds
to the  Company to pay for any costs  incurred by it.  These funds are  interest
free. The balance due Ms. Farrell was $5,000 on November 30, 2007.

                                       26
<PAGE>
                             RITE TIME MINING CORP.
                         (AN EXPLORATION STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2007


NOTE 8 - STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

On August 4, 2006 the Company issued a total of 1,500,000 shares of common stock
to one  director  for cash in the  amount  of  $0.005  per  share for a total of
$7,500.

On March 29, 2007 the Company  issued a total of 795,000  shares of common stock
for cash in the amount of $0 .02 per share for a total of $15,900.

On April 3, 2007 the Company issued a total of 80,000 shares of common stock for
cash in the amount of $0 .02 per share for a total of $1,600.

On April 4, 2007 the Company  issued a total of 200,000  shares of common  stock
for cash in the amount of $0 .02 per share for a total of $4,000

On April 16, 2007 the Company  issued a total of 175,000  shares of common stock
for cash in the amount of $0 .02 per share for a total of $3,500

As of November 30, 2007 the Company had 2,750,000  shares of common stock issued
and outstanding.

NOTE 9 - STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of November 30, 2007:

Common stock, $ 0.001 par value: 75,000,000 shares authorized;  2,750,000 shares
issued and outstanding.

                                       27
<PAGE>
ITEM 8 - CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS AND FINANCIAL DISCLOSURE

None.

ITEM 8A - EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities Exchange Act of 1934, as of the end of the period covered
by this report. Based on this evaluation, our principal executive officer and
principal financial officer concluded as of the evaluation date that our
disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, including any
consolidating subsidiaries, and was made known to us by others within those
entities, particularly during the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                                    PART III

ITEM 9 - DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS

The officer and directors of Rite Time Mining, Inc., whose one year terms will
expire on 06/30/08, or at such a time as her successor(s) shall be elected and
qualified is as follows:

Name & Address               Age   Position    Date First Elected  Term Expires
--------------               ---   --------    ------------------  ------------
Linda Farrell                45     President,       5/2/06           6/30/08
47395 Monroe St. #274               Secretary,
Indio, CA  92201                    Treasurer,
                                    CFO, CEO &
                                    Director

The foregoing person is a promoter of Rite Time Mining, Inc., as that term is
defined in the rules and regulations promulgated under the Securities and
Exchange Act of 1933.

Directors are elected to serve until the next annual meeting of stockholders and
until their successors have been elected and qualified. Officers are appointed

                                       28
<PAGE>
to serve until the meeting of the board of directors following the next annual
meeting of stockholders and until their successors have been elected and
qualified.

Ms. Farrell currently devotes 5 hours per week to company matters. In the future
Ms. Farrell intends to devote as much time as the board of directors deems
necessary to manage the affairs of the company.

No executive officer or director of the corporation has been the subject of any
order, judgment, or decree of any court of competent jurisdiction, or any
regulatory agency permanently or temporarily enjoining, barring, suspending or
otherwise limiting him or her from acting as an investment advisor, underwriter,
broker or dealer in the securities industry, or as an affiliated person,
director or employee of an investment company, bank, savings and loan
association, or insurance company or from engaging in or continuing any conduct
or practice in connection with any such activity or in connection with the
purchase or sale of any securities.

No executive officer or director of the corporation has been convicted in any
criminal proceeding (excluding traffic violations) or is the subject of a
criminal proceeding which is currently pending.

RESUME

March 2005 - present
Currently employed as an Administrative Assistant by Claridge & Associates, Ltd,
a consulting firm located in Rancho Mirage, California. Job duties include
administrative work, general office duties and attending to personal tasks for
my employer.

October 2000 - March 2005
Employed as an Administrative Assistant by Fulford Partners Ltd., a consulting
firm located in Rancho Mirage, California. Job duties included administrative
work, general office duties and attending to personal tasks for my employer.

Education

1980 - 1983 - Fullerton College, in Fullerton, California, almost completing my
Associate of Arts degree.

2000 - 2001 - College of the Desert, in Palm Desert, California completed my
Associate of Arts degree in Liberal Arts.

CODE OF ETHICS

Our board of directors adopted our code of ethical conduct that applies to all
of our employees and directors, including our principal executive officer,
principal financial officer, principal accounting officer or controller, and
persons performing similar functions.

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<PAGE>
We believe the adoption of our Code of Ethical Conduct is consistent with the
requirements of the Sarbanes-Oxley Act of 2002.

Our Code of Ethical Conduct is designed to deter wrongdoing and to promote:

     *    Honest and ethical conduct, including the ethical handling of actual
          or apparent conflicts of interest between personal and professional
          relationships;
     *    Full, fair, accurate, timely and understandable disclosure in reports
          and documents that we file or submit to the Securities & Exchange
          Commission and in other public communications made by us;
     *    Compliance with applicable governmental laws, rules and regulations;
     *    The prompt internal reporting to an appropriate person or persons
          identified in the code of violations of our Code of Ethical Conduct;
          and
     *    Accountability for adherence to the Code.

ITEM 10 - EXECUTIVE COMPENSATION

Our current officer receives no compensation. The current Board of Directors is
comprised of Ms. Farrell.

                           Summary Compensation Table

<TABLE>
<CAPTION>
                                                 Other
 Name &                                          Annual      Restricted                            All Other
Principal                                       Compen-        Stock         Options      LTIP      Compen-
Position         Year    Salary($)   Bonus($)   sation($)    Award(s)($)     SARs($)   Payouts($)  sation($)
--------         ----    ---------   --------   ---------    -----------     -------   ----------  ---------
<S>             <C>     <C>         <C>        <C>          <C>             <C>        <C>        <C>
L Farrell        2007       -0-        -0-         -0-           -0-           -0-         -0-        -0-
President        2006       -0-        -0-         -0-           -0-           -0-         -0-        -0-
</TABLE>

There are no current employment agreements between the company and its executive
officer.

On May 11, 2006, a total of 1,500,000 shares of common stock were issued to Ms.
Farrell in exchange for cash in the amount of $7,500 U.S., or $.005 per share.

The terms of these stock issuances were as fair to the company, in the opinion
of the board of directors, as could have been made with an unaffiliated third
party.

Ms. Farrell currently devotes approximately 5 hours per week to manage the
affairs of the company. She has agreed to work with no remuneration until such
time as the company receives sufficient revenues necessary to provide management
salaries. At this time, we cannot accurately estimate when sufficient revenues
will occur to implement this compensation, or what the amount of the
compensation will be.

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<PAGE>
There are no annuity, pension or retirement benefits proposed to be paid to
officers, directors or employees in the event of retirement at normal retirement
date pursuant to any presently existing plan provided or contributed to by the
company or any of its subsidiaries, if any.

ITEM 11 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
          RELATED STOCKHOLDER MATTERS

The following table sets forth information on the ownership of Rite Time Mining,
Inc. voting securities by officers, directors and major shareholders as well as
those who own beneficially more than five percent of our common stock as of the
date of this report:

          Name of                        No. of            Percentage
     Beneficial Owner (1)                Shares           of Ownership:
     --------------------                ------           -------------

     Linda Farrell                      1,500,000              55%

     All Officers and
      Directors as a Group              1,500,000              55%

----------
(1)  The person named may be deemed to be a "parent" and "promoter" of the
     Company, within the meaning of such terms under the Securities Act of 1933,
     as amended.

ITEM 13 - EXHIBITS

The following exhibits are included with this filing:

     Exhibit
     Number                   Description
     ------                   -----------

      3(i)          Articles of Incorporation *
      3(ii)         Bylaws *
     31             Sec. 302 Certification of CEO/CFO
     32             Sec. 906 Certification of CEO/CFO

----------
* Included in our SB-2 filing under Commission File Number 333-140900.

ITEM 14 - PRINCIPAL ACCOUNTANT FEES AND SERVICES

The total fees charged to the company for audit services, including interim
reviews, were $5,100 for audit-related services were $Nil, for tax services were
$Nil and for other services were $Nil during the year ended November 30, 2007.

For the year ended November 30, 2006, the total fees charged to the company for
audit services, including interim reviews, were 5,100, for audit-related
services were $Nil, for tax services were $Nil and for other services were $Nil.

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<PAGE>
                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


/s/ Linda Farrell                                              January 8, 2008
-------------------------------------                          ---------------
Linda Farrell, President                                             Date
(Principal Executive Officer, Principal Financial Officer,
Principal Accounting Officer & Sole Director)

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