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Richmont Mines Inc. Message Board

  • sam_and_dave_sung sam_and_dave_sung Nov 21, 2008 7:22 AM Flag

    Always a first. RIC's management has

    finally been successful at something. They've managed to
    kill their own shareholders' values and now have a
    company that is for sale for less than cash.

    Not easy to do. Is this a function of pathetic,
    and inept business management?

    I've never heard of the above scenario!
    Ripley's should list RIC as worst stock on the planet!

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    • So I guess its their fault that the worst finacial crises in what 80 years happened and all assest are being liquidated regardless of their cash position? Have you looked at the other PM stocks take a look at Rio Tinto RIO IAG AUY for starters...oh and dont forget to check out some of the uranium miners like CCJ DNN and uranium gold miner FRG and take a look at their cash position and where that stock was about 12 months ago.They have been massacrerd It ISNT RIC only.Listen to Jim Rogers interview on youtub its pretty interesting.

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