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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 (63243)	2/2/2009 10:18:51 AM
From: loantech	Respond to of 78419

Michael great post thank you! What type of PE does the market give to a stock the size of RIC? Of course if production goes to 100K per year we get even better. Tom

To: MICHEL GUIBERT who wrote (63243)	2/2/2009 10:26:52 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 78419

Michel, Nice work. I think your cash costs are too high. RIC is aiming at $C500 per ounce or almost US$400 when all runs smoothly later this year. I also think that expenses will be closer to C$16 million, including exploration.

To: MICHEL GUIBERT who wrote (63243)	2/2/2009 3:00:22 PM
From: marcos	Respond to of 78419

Rating perfectly good gold shares by P/E - what has the world come to? -g- ... another great post from you, Michel, much appreciated ... and on a healthy play too, strong relative performance from Richmont, people seem to like it better than some others

To: MICHEL GUIBERT who wrote (63243)	2/3/2009 11:52:27 AM
From: MICHEL GUIBERT	2 Recommendations Read Replies (2) \| Respond to of 78419

Who buy ...who sell mffais.com

To: MICHEL GUIBERT who wrote (63243)	2/4/2009 2:20:17 AM
From: MICHEL GUIBERT	Read Replies (3) \| Respond to of 78419

I will appreciate comment and correction about numbers and this calculation , the calculation is from scotia and I just make the excel worksheet. BTW what is G & A corporate ??

To: MICHEL GUIBERT who wrote (63243)	4/25/2009 3:07:36 PM
From: loantech	Read Replies (1) \| Respond to of 78419

As per your note from a later post: <Personnaly and it's purely speculative 10-12 cents, that means 40-50 cts for the year, just put the p/e you want.> Well let's go for 50 cents. I see in the table RIC could earn closer to 68 cents at 900 POG which is closer to the last 3 month average: quotes.ino.com However costs for the last quarter of 2008 were higher than the 500 in the table: Operating costs, including royalties, for the fourth quarter of 2008 were $13.0 million compared with $6.5 million in the same period the prior year. However, the average cash cost of production was lower at US$550 (CAN$586) per ounce of gold sold in the fourth quarter of 2008 compared with US$556 (CAN$598) in last year's fourth quarter. We need more reserves and a solid gold rally so mining companies begin to reflect a higher PE. What is the current PE ratio for RIC based on last quarter? Thanks, Tom