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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (49535)	11/30/2012 10:18:19 AM
From: E_K_S	Read Replies (2) \| Respond to of 78745

Richmont Mines Inc. (RIC) - Upped my small position by 30% last $2.85/share -25.39% 388K shares traded Added to my small position on the news that RIC is closing one of their unprofitable mines. Future earnings to be better since their other mines have a lower cost of production and better ore content. Market seems to be selling off on the news too much as long term this is the right decision. Richmont Mines Announces Immediate Closure of the Francoeur Mine and Provides Update on Wasamac Project EKS