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FinancialAdvisor

06/28/13 1:19 PM

#83 RE: Tinkerer #82

For the most part it will track back up, especially if and when gold recovers and holds above the 1500/oz price. Of course it's still a company stock which holds risk regardless of whether or not it mines gold, simply because it's a company and could become mismanaged and what not. But RIC has a solid book value and at this point in time is losing money due to the costs associated with mining gold at 1200/oz. I think they are positioned to be profitable however if and when gold is back consistently above 1500/oz.

Good luck.