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Re: phi0x post# 24

Tuesday, 07/30/2013 3:51:45 PM

Tuesday, July 30, 2013 3:51:45 PM

Post# of 33
Subsequent to the conference call the three analysts covering Ridgeline each dropped their price target citing among other factors the weak balance sheet, slower growth, results below their forecast and limited visibility. They are:
Mackie Research to C$0.50 from $1.10
Clarus Securities to C$0.90 from $1.00
Cormark Securities to C$0.85 from $0.90

Lots of room to make money here even with the foregoing.

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