Royal Gold (RGLD) Message Board

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Gold/Mining/Energy : Royal Gold (RGLD)

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To: Alan J. Levie who wrote (3)	5/26/1997 7:59:00 PM
From: GTC Trader	of 13

Alan, Thank you for your post !!! : ' ) <<I wasn't aware that there was an existing thread. I had checked previously but couldn't find one. >> Perhaps there is now! We'll see. I wish I had enjoyed the ride from 9 cents to $8 with you, but I got in at $12 a few months ago and have simply coasted slowly down to $8.50. We both ended up around $8, but I think that your ride was more fun! I bought this stock primarily as a defensive hedge against economic uncertainty and the possibility of a major drop in the stock market. The stock market seems to be running strong and the economy holding its own, so it looks like I have paid for insurance which I haven't needed over the past few months. I think it's a good company with a good future, but I will be more optimistic about the company when the stock gets over $12 again. Also, gold prices seem weak. Strong support above $350 would help! (Do you think that gold will fall further, or do you think it is up from here?) Thank you for your suggestions. I also look forward to any other information you care to post. Thanks !!! : ' ) Happy

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