Best of Breed? Junior Controls Long Life Gold Mine(s) and Rock Solid Balance Sheet

Nov 08

Best of Breed? Junior Controls Long Life Gold Mine(s) and Rock Solid Balance Sheet

Richmont Mines (NYSEMKT: RIC) released its Q3 earnings November 6th  with another respectable performance. Adjusted net earnings were $4.4M ($0.10 per share) and operating cash flow was $8.5M. During the course of the year Richmont raised its production guidance twice. The first 9 months of 2014 have been better than most full years, both financially and...

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Claude Resources: Q3 Net Profit $6.9M / $22M Cash Flow YTD / All-in Cost $976 per oz.

Nov 03

Claude Resources: Q3 Net Profit $6.9M / $22M Cash Flow YTD / All-in Cost $976 per oz.

Back on October 7th Claude Resources (TSE: CRJ) (OTCMKTS: CLGRF) announced it mined 20,614 ounces of gold during Q3– its highest quarterly production in history! Claude’s been around for more than a decade too, so it was newsworthy news, and quite the achievement overall. On relatively high volume, it moved up about 20% to 24 cents per share on the news....

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