Richmont Mines, Inc. (RIC)

[Tinkerer]

Get ready for a run up into the mid to upper 2's (even the 3's if really bullish) by mid to late August, into September. The economy isn't as stable as it was made out to be (no surprise), and the dollar is going to continue to be artificially propped up by bond-buying stimulus. Therefore gold and gold mining stocks should see a consider run-up, gaining back the ground lost in June, and maybe even gaining back the ground lost in April. With Bernake's comments today, the gold market turned bearish from now until such time in the future (end of the year?...maybe October at the earliest) as the economy is stable enough (if it ever becomes stable enough...) for the feds to scale back the artificial stimulus. Until that day, if it ever even happens, we have happy sailing North. Cheers all.