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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 (65013)	5/1/2009 12:18:54 AM
From: loantech	Respond to of 78417

DUP>EOM

To: Claude Cormier who wrote (65013)	5/1/2009 12:18:55 AM
From: loantech	Read Replies (1) \| Respond to of 78417

I am sure that whatever RIC does they will maximize value. A great stock.

To: Claude Cormier who wrote (65013)	5/8/2009 8:49:48 AM
From: loantech	Read Replies (2) \| Respond to of 78417

Claude for now NGX is making more $$ per share than RIC: Northgate Minerals Generates Cash Flow from Operations of $45.2 Million in the First Quarter 2009-05-08 06:30 ET - News Release Gold Production of 107,477 ounces at a Cash Cost of $396/ounce VANCOUVER, May 8 /CNW/ - (All figures in US dollars except where noted) - Northgate Minerals Corporation (TSX: NGX; NYSE Amex: NXG) today reported net earnings of $21,410,000 or $0.08 per diluted common share and cash flow from operations of $45,202,000 or $0.18 per diluted common share for the first quarter of 2009. Northgate's cash flow from operations includes cash proceeds of $19,182,000 from the early settlement of 9,000 tonnes of copper forward contracts.>>>>> Do we have NGX underated?

To: Claude Cormier who wrote (65013)	5/12/2009 9:41:44 AM
From: loantech	Read Replies (1) \| Respond to of 78417

Claude this is very good news. A sign RIC is ready to build and grow agressively: Richmont investor Chamandy controls 10% of shares Richmont Mines Inc (C:RIC) Shares Issued 26,114,856 Last Close 5/11/2009 $3.89 Tuesday May 12 2009 - News Release Ms. Anne-Marie Durand reports GREG CHAMANDY TO JOIN THE RICHMONT BOARD OF DIRECTORS AND TO SERVE AS ITS VICE-CHAIRMAN Richmont Mines Inc. investor H. Greg Chamandy and entities in which he owns directly or indirectly a majority of the votes collectively own 2.61 million common shares of Richmont Mines, constituting 10 per cent of the outstanding 26.1 million common shares of the company. Richmont trades on the Toronto Stock Exchange and the AMEX stock exchanges under the ticker symbols RIC:TO and RIC, respectively. All purchases of Richmont common shares were made through open market purchases on the TSX commencing Jan. 15, 2009. Richmont produces gold from its operations in Canada and has extensive experience in gold exploration, development and mining. Based on publicly available information, since the company began production in 1991, the company has produced more than one million ounces of gold from its holdings in Quebec, Ontario and Newfoundland. Richmont's strategy is to cost effectively develop its mining assets, exploit mineralized reserves on properties owned and acquired, or develop partnerships to expand its reserve base. Mr. Chamandy has been added to the slate to be elected to Richmont's board of directors at its annual meeting to be on May 14, 2009, and, if elected, has been asked to serve as the company's vice-chairman. "I look forward to serving on the board of directors of Richmont, a proven leader in gold exploration, development and mining in the Abitibi region of Quebec and to serving as its vice-chairman", said Mr. Chamandy. "The Fraser Institute has recently reported its findings that Quebec is the best jurisdiction in the world to operate in the gold mining industry, and we believe that Richmont is the leading junior gold producer in Quebec and one of the best junior gold producers in Canada." Mr. Chamandy, 50, has an excellent track record in developing small companies into major corporations. As co-founder, chairman and chief executive officer of Gildan Activewear, Mr. Chamandy built what was a simple textile manufacturer into a sophisticated vertically integrated apparel manufacturing giant. Over the course of his leadership at Gildan, the company grew from its $30-million initial public offering in 1998 to a market capitalization of over $830-million in 2004. The resulting 31.8-per-cent average annual return to Gildan shareholders far outperformed the 2.8-per-cent average annual return achieved by the S&P/TSX Composite Index over that time. Subsequent to Gildan, Mr. Chamandy became the chairman and co-owner of Europe's Best, North America's largest selling brand of frozen fruit, which was sold to JM Smucker in 2008. Mr. Chamandy is currently also the chairman of Oxbridge Private Wealth Management, a Canadian asset management company catering to high net worth individuals, and the Co-Chairman of Liquid Nutrition Inc., a rapidly growing Canadian smoothie and health bar chain. "I will do everything in my power, and I will use my experience and network of relationships in the business and investment communities, to assist the board of directors and the management of the company to bring Richmont to its fullest potential, and to maximize shareholder value. Based on publically available information, Richmont has a balance sheet with over $27-million of cash in the bank and no debt whatsoever. The company has the potential to grow both organically or through acquisition and strategic partnerships. "We have made this investment a part of our long-term investment portfolio as we are strong believers that an allocation to gold and the gold sector is a key component to long term portfolio diversification. Furthermore, we believe the extreme uncertainty that currently surrounds the global economy should continue to underpin net investment demand for gold." Mr. Chamandy and entities in which he owns directly or indirectly a majority of the votes are not acting in concert with any person in connection with Richmont. They acquired all of their Richmont common shares for investment purposes and may, or may not, increase or decrease their ownership of common shares of Richmont in the future, depending on market conditions. © 2009 Canjex Publishing Ltd.