Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Claude Cormier who wrote (63531)	2/18/2009 10:05:32 AM
From: MICHEL GUIBERT	Read Replies (2) of 78418

Probably the 1000$ per oz gold will awake more people. When you read newpapers or look at TV , it's just bad news about GM , Irak...just name it... I am surprise gold did't go up faster , many producers are so low in price , oil is at a low price actually (35) and POG near 1000$ , hard for them to don't make money at these price. If you take RIC , they make close to 500$ us * 80k oz = 40mm$US * 1.25 = 50mm$ cdn or close 2$ a share. Ok they have expenses and taxes but the stock is at 3.44 , the price I paid for 500 shares this morning. Ridiculous... BTW I ear a rumour Iamgold will buy Aurizon... Maybe just a rumour but lot of move yesterday, any opinion ????

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