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

To: kayco who wrote (65445)	5/27/2009 7:48:08 PM
From: Claude Cormier	3 Recommendations Read Replies (2) \| Respond to of 78410

Hello Kayco, allow me a comment. Volume can be important for a trader, but it is irrelevant for a long term investor. If you are a trader, fundamentals are more or less irrelevant. OTOH, if you are an investor, fundamentals counts. From your posts, you seems to be more a value investor than a trader. So why worry with the relatively low volume of RIC. Beside, you were apparently hot on MTO which has much lower dollar volume.

To: kayco who wrote (65445)	5/27/2009 8:19:16 PM
From: loantech	Read Replies (1) \| Respond to of 78410

kayco, Thank you for the link. Please let me know if there are important updates as I may forget to check. Here is what I was referring to: 2009 OBJECTIVES Growth at Young-Davidson doubled the measured and indicated resources ?? Drilling shifted to other areas of the property in search of additional gold resources 2009 Annual General Meeting & Q1 Results 34 Complete pre-feasibility work by the end of June Complete feasibility study by the end of the year Sign IBA with Matachewan First Nation Page 17 of this presentation: northgateexploration.ca RIC does trade quite thinly and on the US side you have to deal with the lunch money stealers on the AMEX. <NG> But it is a long term hold for me. None better producing 80,000 ounces per year with just 25-26 million shares out. Costs are high but coming down. I like NGX but have not bought yet. They produce 5 times as much gold and have 10 times the shares out but produce at <Average net cash cost of $396/ounce, significantly lower than Q1 guidance> much less than RIC's <The average cash cost per ounce of gold sold was relatively flat at US$653>. So not sure how to analyze the cost vs production vs share count but NXG comes in near the top IMO, BWDIK?