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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (10803)	11/10/1998 5:01:00 PM
From: Ross Mickey	Read Replies (1) \| Respond to of 14627

I thought this was interesting. I haven't run the numbers on PFG yet. Best of Luck, Ross ****************************************8 Richmont Mines Inc RIC Shares issued 15,224,177 Nov 9 close $3.95 Tue 10 Nov 98 In the News In the Nov. 13 issue, The Investment Reporter says that because small-caps have taken such a severe beating in the recent market decline, many have become bargains. The newsletter gives six rules for maximizing small-cap profits: if the share price is less than three times book value it may be an attractive buy; the price-to-cash flow ratio should be below 5.0; the debt-to-cash flow ratio should be below 2.0; operating margins should exceed 15 per cent; outstanding shares should be less than 30 million; and directors should own over 20 per cent of the issued shares. Richmont ($4) is one of nine small-caps which fit most rules. This is the first recorded recommendation for Richmont, a growing gold producer with mining properties in operation in Quebec and Newfoundland. For the nine months to Sept. 30, 1998, Richmont produced 74,000 oz Au at a cash cost of $182 (U.S.) per ounce. Despite the difficulties which have afflicted the gold sector, the Reporter notes Richmont has continued to improve its financial position. The Reporter advises buying. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com