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The Company is engaged in the acquisition, exploration, operation, financing, and development of mineral properties.
Richmont Mines has been in business for 20 years and have opened 6 gold mines. I really like this company and their strong management team. I don’t see how you can lose money investing at their current low valuation.
Value play. Overly-trounced by the market.
Their current explorations in Ontario for 2012 looks promising
The price of gold will rise due to the demise of the dollar
Once they bring their expenses down, this should continue to grow with the help of the high price of gold currently.
P?E should rise as production grows with new mine producing.High cost per oz of gold produced should make stock price very sensitive to gold price
I like this one and mining stocks are a love affair of mine.
IN THE RIGHT SECTOR
so goes oil so goes energyenergy will be the stocks to buy now.
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