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


To: Claude Cormier who wrote (64024)3/8/2009 6:34:14 PM
From: MICHEL GUIBERT  Read Replies (1) | Respond to of 78409
 
RIC is really undervalued due to small reservs at beaufor (2-3 years) , but we are waiting after 22000 meters (70000 feet) drilling and they will make 45000 meters of definition drilling in 2009, IMO that means reservs in Q zone are nice and instead of 2-3 years we can expect 6-7 years (?) of prouved reservs ...it's not enorm but IMO will change the perception of investor.

At Igold lot of drilling to come also.

If all the news are good the price can change pretty fast

The interesting point is RIC has the money to drill and make benefits