Royal Oak-RYO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Royal Oak-RYO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas P. Talbot who wrote (530)	12/6/1997 1:48:00 PM
From: Madharry	Read Replies (1) of 1706

Kenness is nothing right now. It has no track record and is not producing. The Book value doesn't mean anything. What is the value of a non-economic mine? I don't know, but I doubt it has anything to do with book. The numbers have no relevence. In liqudation the only thing that matters is the price of the asset, whcih right now would be very low in liquidation. Also you have senior debt, and my guess would be that the Canadian govt probably comes before the shareholders too.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next