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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: AlphaRomero who wrote (12061)	12/1/2009 12:53:08 AM
From: loantech	Respond to of 48092

Not sure but RIC should have other results from drilling at Beaufor? The stock marches to it's own drummer. I bought as the one fund picked up another 2.3 million shares or so and now has bought 4.9-5.0 mill or so total of the 26 mill shares. They must have some reason. <<<From May 8th to November 10th 2009, Oxbridge, an entity ultimately controlled by H.Gregory Chamandy, and joint actors acquired 9,400 Common Shares on the Toronto Stock Exchange ("TSX") at a price of CAD$3.62 and 71,454 Common Shares on the NYSE AMEX at prices ranging from USD$3.39 to 3.41 per Common Share for an aggregate price of CAD$290,236.03. Such Common Shares represent in the aggregate 0.31% of the issued and outstanding Common Shares (excluding Common Shares underlying outstanding options). On May 14, 2009, H. Gregory Chamandy was granted 75,000 options to purchase Common Shares of Richmont, exercisable at a price of CAD$4.12 per Common Share and expiring May 13, 2014. On November 30th 2009, Oxbridge announced that it had completed the previously announced acquisition of 2,230,000 Common Shares of Richmont from a private investor at a price of USD$3.50 per Common Share, for a total consideration of USD$7,805,000. The Common Shares acquired represent 8.54% of the issued and outstanding Common Shares (excluding Common Shares underlying outstanding options).>>>>>>>>> Richmont investor Oxbridge increases holdings to 10% 2009-05-08 17:36 ET - SMF Withdrawn Mr. Darren Stark reports OXBRIDGE BANK AND TRUST SCC -- ACQUISITION OF COMMON SHARES OF RICHMONT MINES INC. Oxbridge Bank and Trust SCC, located at Chelston Park, Collymore Rock, St. Michael, Barbados, together with joint actors, now owns and controls 2.61 million common shares of Richmont Mines Inc. >>>>>>>>>>