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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (688)	4/14/2001 3:27:18 PM
From: goldsheet	Respond to of 4051

Richmont: Good management, decent properties, but a thinly traded niche player in Quebec and Newfoundland. Just acquired Aurizon's 50% in Beaufor, Louvem (70% owned by RIC) owns the other 50%. Richmont is the kind of company who will survive just below the 100,000 ounce production level. Too small to be a acquisition target by the majors, yet big enough to get some financing and take advantage of niche opportunities. (like the small but profitable Hammerdown property in Newfoundland) Despite being a good company, it is difficult to get very excited about the stock. It does have an AMEX listing (good) but is under $1, and is not very liduid.

To: gold$10k who wrote (688)	4/14/2001 4:02:46 PM
From: Richard Mazzarella	Respond to of 4051

valu, <<RIC>> I have owned it, nice little gold company, but too thinly traded. A single investor can move the market in a day buying and selling just a couple k shares, not good. It's impossible to short term trade since it takes weeks to buy and weeks to sell without moving the market. GLG is bigger and more liquid, much better for getting in and out.

To: gold$10k who wrote (688)	4/16/2001 9:48:49 AM
From: russwinter	Read Replies (1) \| Respond to of 4051

<does anyone know of a fundamental reason for the recent strong upmove in GBGLF?> They are due for drilling result releases including some deep holes. Could anybody actually be looking a drill results? That would be a switch.