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Richmont Mines Inc. Message Board

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  • collegefund2014 collegefund2014 Apr 13, 2012 10:17 AM Flag

    It is too cheap , gold is back $ 2500 , all in

    BTW If you look at last qtr results and the PR of earlier this week - it is a fairly safe bet they will up the div to $0.06 per share month.

    Early next year if thing proceed reasonably well, the div should be about $.10 per share per month. run a 2% yield. that's ~$60 share with a $1.20 a share div.

    Check it out - do your own DD. (I have added since $4.30 a share as milestones were met.) The Last PR is another important milestone - it shows they are well on their way to deliver their 120-140K oz goal for 2012.

    Listen to the CC - the vein has widened to 12M and they found a third vein in L'Arista.

    Still like RIC (current price is a joke - the whole sector is being manipulated) but GORO is well worth poking around on. The DD should open a few eyes.
    GLTA.

 
RIC
2.48+0.05(+2.06%)Aug 27 4:02 PMEDT