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

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To: loantech who wrote (63223)1/31/2009 4:52:04 PM
From: MICHEL GUIBERT  Read Replies (1) of 78419
 
The big question with RIC is (IMHO):

Will the 42000 meters drilling at Beaufor generate interesting reservs ?? we will have the answer at the end of february with the 2008 results,If they add new in depth reservs and confirm the Q zone , the picture can change a lot.

2009 will be the year they will drill a lot at island gold.

In 2009 with actual gold price at 900$ they will generate a cash flow per share of 1.00$ (cdn) after all the expense I will say around 50 cts a share of net earning.

The stock is at 3.00 , just the cash + camflo = 2.00$
For 1.00$ You have
Beaufor mine
Island gold mine and the mill
Francoeur
Valentine
wasamac

One day RIC will awake, we start to have some volume and just need confirmed reservs, but BMO analysts and some others need to open their eyes...
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