Richmont Mines, Inc. (RIC)

[greendolphin11]

bigone, if i had to make a guess, it was that investors saw Gold hit a resistance wall at 1425 and fail, and come back down about $10 off of that

The stock had also peaked at resistance near 1.80, and the resulting sell-off was overdone on RIC, as it is a much smaller market than Gold

I am not a short-term investor looking for 2 or 3 bucks in this stock, so the daily gyrations I usually ignore

To me it just provides another entry point to average down, as I still do not have all the core shares I want, and my current avg is close to 2.50

Hang in there, things will get better

IMHO

GD11