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


To: MICHEL GUIBERT who wrote (63224)1/31/2009 5:18:11 PM
From: loantech  Respond to of 78419
 
Hello Michael,

I appreciate your posts over the years on RIC.

<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.>

In a bull market where could the share price be in CND if analysts paid attention and buyers came in?

<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 reserves and confirm the Q zone , the picture can change a lot.>

I asked Martin about that drilling and as you may know he is a very conservative type person. His answer was he was quite pleased with the progress of drilling.

Tom