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Richmont Mines Inc. Message Board

  • hanhphuc012006 hanhphuc012006 Apr 12, 2012 2:20 AM Flag

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

    Gold will be back $2500 range in 2012 . $7 is so cheap for RIC . You will be reward BIG with this price .

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    • 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.

    • Take a look - from the mine. Gross Mine Profits - minus royalties - very low cost production with Cu, Pb, and Zn credit offsets.

      Millions in the treasury (including both Gold and Silver), no debt, and 56M shares FD. This Qtr's cc should be very interesting. 43-101 soon. TSX listing soon.

    • I agree..That big sell off in gold combined with RIC's tiny amount of outstanding shares allowed it to become very cheap very quick...Once gold turns and sentiment bottoms this thing should move up extremely hard.

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