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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Claude Cormier who wrote (62833)1/13/2009 9:56:48 PM
From: loantech  Read Replies (1) of 78417
 
Claude,
Speaking of location to RIC mines and mills the last time I spoke with Matin he mentioned that they were looking at potential acquisitions of properties that are ready to go or are currently in production. I am sure companies are always looking but he mentioned that with their level of cash and the suppression of prices for many other properties now was a good time to hunt.Some producers value of gold in the ground has gotten as low as 20 bucks so they could pick up 500,000 ounces and still have good cash reserves. Can you think of any properties that may be of interest to them in the same locale as one of RIC's mills?

Thanks,
Tom
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