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Richmont Mines (RIC -17.8%) announces a downward revision of reserves and production and says it...

Richmont Mines (RIC -17.8%) announces a downward revision of reserves and production and says it will take a Q2 writedown of C$25M-C$30M pre-tax related to lower anticipated production from its Francoeur Mine.
Comments (2)
  • SOMETHING IS ROTTEN IN THE KINGDOM OF QUEBEC.
    EVERYTHING, SINCE THE ORIGINAL MANAGEMENT BAILED,
    MAKES IT LOOK AS THOUGH A ROTHSCHILD IS BEING PERFORMED. THAT MEANS, THE STOCK PRICE IS ARTIFICIALLY BEING DRIVEN DOWN SO THAT AN ACQUISITION BY A LARGER COMPANY CAN BE EFFECTED AT A PRICE WELL BELOW VALUE. NO DOUBT THE
    ORIGINAL QUEBEC MANAGEMENT WILL BE (OR HAS ALREADY BEEN) REWARDED FOR ITS PART IN THIS ROTHSCHILDEAN MANEUVER. A SHAME FOR QUEBEC
    THAT SOME OF ITS BUSINESSMEN CAN BE SO EASILY
    CO-OPTED BY GONIFFIM WHO WISH QUEBEC ILL AND HAVE
    STEADFASTLY VOTED AGAINST QUEBEC'S INTERESTS.
    3 Jul 2012, 01:27 PM Reply Like
  • yes the big dogs rape the little dogs
    well i say turn them into water plugs aka fire hydrants
    3 Jul 2012, 11:00 PM Reply Like
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