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 Richmont Mines: RIC

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drausch



Number of posts : 2
Registration date : 2007-11-18

PostSubject: Richmont Mines: RIC   Thu Oct 30, 2008 2:39 pm

Does anyone have an opinion of the stock/cash buyout offer (at 100% current premium) of Patricia Mining (PAT.V) by Richmont Mines (RIC)? http://biz.yahoo.com/iw/081027/0446732.html Does this establish an evaluation precedent for other junior mining takeovers? Even with the premium I am down close to 70%. Are there any opinions on holding the converted shares into RIC?
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Male Number of posts : 1300
Age : 46
Localisation : Calgary Alberta
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Registration date : 2007-05-24

PostSubject: Re: Richmont Mines: RIC   Thu Oct 30, 2008 2:56 pm

I am not really very familiar with the offer, but I would not want to sell any junior shares right now. I can not see other than we get some broad based rallies soon.

Please comment, if anyone knows more about the buy-out offer.

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