Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (62991)	1/22/2009 11:16:11 AM
From: siempre33	Respond to of 78426

Claude's mine doin' fine... Richmont Mines Reports Gold Sales More Than Double in 2008 Fourth Quarter 2009-01-22 08:28 ET - News Release MONTREAL, QUEBEC, CANADA -- (MARKET WIRE) -- 01/22/09 - Fourth quarter gold sales of 22,116 ounces; - Total gold sales in 2008 were 70,945 ounces; total production reaches 73,577 ounces; - Strong balance sheet: cash balance at December 31, 2008 of approximately $26 million with no long-term debt and only 26.1 million shares outstanding. Richmont Mines Inc. (TSX: RIC)(NYSE Alternext US: RIC) a gold exploration, development and production company with operations in Canada, today announced preliminary gold production and sales for the fourth quarter and full year 2008. Complete production data and financial results will be available on February 26, 2009. During the fourth quarter of 2008, Richmont sold 22,116 ounces of gold, more than double the 10,949 ounces of gold sold in the fourth quarter of 2007. For the full year 2008, the Company sold 70,945 ounces of gold, compared with 46,193 ounces during 2007, an increase of 54%. Gold production in 2008 was 73,577 ounces, 62% above 2007 production of 45,304 ounces. richmont-mines.com