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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 (64887)4/22/2009 8:01:23 PM
From: loantech  Read Replies (2) | Respond to of 78409
 
Hi Claude,
I guess I look at last years sell off as a rare aberration and not a "normal" correction. It was a forced sell across all markets especially the mining sector and those with less liquidity or lower volumes got hit harder. A normal correction for RIC would have take it down to 2.50 or so USD or even 2.20 but I do not even count the .95 print. Not part of the chart in my opinion. So I see what I would call a normal pull back of 50% from 2.20 to 3.90 USD.

RIC should be a 6 dollar stock now not in the future. Then higher than that down the road in the near future BWDIK.

Tom