Royal Gold (RGLD) Message Board

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Gold/Mining/Energy : Royal Gold (RGLD)

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To: GTC Trader who wrote (1)	4/9/1997 1:09:00 AM
From: GTC Trader	of 13

Buying opportunity? Yesterday, the stock closed at $10.50 and I received an investment letter indicating that RGLD was a great investment and should rise dramatically when gold approaches $400 an ounce. At $10.50, they described RGLD as a "must for any gold mining portfolio" and called it a "definite buy". Then today, in the last half hour of trading, the stock drops from $9.50 to $8.75! Does this make it a "screaming buy"? I can't find any press releases and don't know of any bad news, so my only thought is that the stock is getting beat up because of Bre-x. If so, it should bounce back soon, right? If anyone knows anything, please enlighten me. Thanks!!! : ' ) Happy

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