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Non-Tech : Bill Wexler's Dog Pound
REFR 1.890+2.4%3:59 PM EST
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To: Bill Wexler who wrote (9183)2/21/2003 2:27:59 AM
From: Dale Baker  Read Replies (1) of 10293
 
FWIW, RGLD isn't a mining stock; they have a couple of royalty streams they bought way back when. As POG goes up, the royalties are worth a little bit more. But there is no way for them to scale in growth, especially since people who own royalties now won't sell them cheap.

I don't know what drove RGLD so high except for gold fever. But I am pretty sure it should trade much, much lower.
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