OTCPK:RIDYF - Post by User
Post by
gossincon May 18, 2007 10:23am
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Post# 12804131
RIC = NOWHERE AFTER 10+ YEARS
RIC = NOWHERE AFTER 10+ YEARSIt is going nowhere alone. It has the grade and profit to add to a larger entity and hence, its worth double current price but alone it goes nowhere. Find a buyer. I think RIC is best to take out PAT and then combine with AMC. In the end , we will get AMC shares and they will soar...........SOAR....SSSOOOOAAAARRRR !
Long and short is take action today as time is money and each year you stand in front of us and think you are doing well, we will know that you could have done better with selling into create a real intermediate co that has REAL PROFILE. Not pretending. Pipe dreaming.
Example - RIC had absolute last standing at the recent investment conference. The Chair of the conference couldn't wait to say the meeting is adjourned. Listen to the last minute again and you will hear it - "My god, that was the worst presentation ever. Sorry guys for putting you through that one to end our conference". I think a combined co would be closer to the front of the agenda and could afford a real presentation/better CEO.
Who cares for LOV - PAT - RIC or AMC for that matter alone.
Put a real company together from hand picked managers and eject the rubbish.
I remain a shareholder and will only buy more due to the fact that this whole bunch will get taken out or be forced to be taken out within 2 years. RIC is a valuable company only it is run by people that haven't the a fable about the leader that parades naked and thinks he has clothes on.
This situaiton is ridiculous as shareholders sit and wait. For what ? More salary dollars. Three booths at PDAC. No profile.
Little trips to the big smoke to make speeches no one cares about. NO ONE BOUGHT RIC STOCK AFTER WE DROPPED MAJOR DOLLARS FOR RIVARD JR to attend NYC.
Again, look in the mirror before you care to respond. Its true. No one wnats to say the obvious.
RICHMONT IS GOING NOWHERE ALONE.