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Strategies & Market Trends : Value Investing

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To: JakeStraw who wrote (44143)	6/26/2012 11:26:44 AM
From: E_K_S	Read Replies (2) of 78745

Richmont Mines Inc. (RIC) -NYSE MKT - Started Tracking Position finance.yahoo.com 2011 Annual Report:Richmont Mine Started tracking position in RIC. Company is a Jr. Gold miner that has a cost of production around $850/oz. This is one of the Jr. miners that actually makes money w/ a PE around 9. BV is stated at $4.04/share. I sold my position too early last year around $9.75/share (I believe it went as high as $12.70/share). Stock could go a bit lower (ie low $4.00's) so I will be accumulating more shares over the next 8-18 months. EKS

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