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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 (63229)	2/1/2009 11:26:50 AM
From: loantech	Read Replies (1) \| Respond to of 78419

<We will know more when we will receive the drilling results and they recalculate the reservs, actually there is 5 drills at beaufor so the job is not finished.> More to go on the 42,00 meters? I think 19,000 was Q zone. <I think we will do the same again this time, big resistance at 4.50--5.50 due to the 4.90 financing a couple of years ago , after that big resistance around 6.50--7.00 , but IMO we can pass the 10$ , 12$ maybe...> I think RIC may need to get to 100,000 ounces produced and keep costs to 500 CND per ounce. What gold price if sales are 100K at $500.00 CND cost would be needed to get the share price to $12.00 or higher? Tom