Richmont Mines reports today the 4th quarter and the 2008 full year results of production at the Buaufor Mine.

4th quarter 2008 gold production ounces 7628

4th quarter 2007 gold production ounces 3805

Year 2008 gold production ounces 34,353

Year 2007 gold production ounces 26,204

Tomorrow Louvem is officially expected to report year-end and fourth quarter results.

Louvem's shares were higher today on a 5,000 share piece that traded hands at 47 cents up .09, or 23.7%. In the process of closing at 47 cents, Louvem's stock traded past a 9 month old declining trendline at .38. Hopefully, this thinly traded stock can stay above the .38 area for a while which would indicate that its intermediate term weakness is over.

Go Louvem!