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Richmont Mines Inc. Message Board

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  • whitesands_8 whitesands_8 Jan 21, 2011 11:35 AM Flag

    The RIC E.P.S. game:

    At their rate of production they do have approximately 5-6 years which plenty of time to drill and find new reserves

    Earnings are going to be really good..Increasing production next year/rising gold price...

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    • I tend to agree with you or I wouldn't be investing here but what big time money manager is going to bet on the come. I think we just saw one in the last couple of days who took their money off the table.

      Hence, the price of the shares has to be discounted until the reserves are booked and not "out there somewhere".

      The game is a little more than just an E.P.S. calculation.

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