Value Microcaps Junior Miners

[dr_airtime]

P.TO COO Leaves for RIC.TO

Checkmate and I jumped on the RIC.TO train around $1.60 on the morning they announced their record quarter and market shocked themselves into realizing some potentital as they were ramping into their 1M oz 10g/t+ island gold deep resource. Why buy a high grade explorer whwn you can buy Richmont who has 20 concsecutive years of consecutive underground mining experience in Canada and had finally discovered a game changing resource?

Anwyways - what caught my eye is that the Primero COO Renaud Adams just left to become the new CEO of Richmont. With a name like Renaud perhaps he is from Quebec so coming back home. If you followed Primero's success over last 5 years (was the Mandalay of the junior golds) this could bode well for Richmont.

Renaud leaves as COO

http://www.primeromining.com/News-and-Events/News-Releases/News-Releases-Details/2014/Primero-Announces-Management-Changes/default.aspx

Renaud joins as CEO

http://ir.richmont-mines.com/en/releasedetail.cfm?ReleaseID=876741

I sold out at around current SP after explosion a couple months ago. Think checkmate held. Would be happy to buy at another low again - perhaps during tax loss selling if people book profits on RIC vs. losses on other juniors.