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: roger fontaine who wrote (551)	12/11/1997 11:27:00 AM
From: Michael Bidder	Read Replies (3) of 1706

I was wrong Roger. In my inthusiasum to to discredit RYO's fiscal situation I incorectly stated the cost of production of Au at Giant mine at 360 over the last 3 years. The corect numbers are: cost/oz Au 1995 $ 329 1996 $ 357 1997 $ 325 estimate. Also earnings: 1991 $ 8.6 1992 $ 11.4 1993 $ 12.4 estamate 1994 $ 22 1995 $ 23 1996 $ -5.9 1997 $ -62 (3quarters) Roger do you know the state of the hedge book ? Will loosing 20 million a quarter have any long term inpact on this company. Why not shut down and right down Gaint ? And has anyone been able to cooberate that statment by stockman on a Yahoo thread: "RYO will receive $78mil to complete the Kemess mine opening. Wait till the news becomes public. This is a little inside info. Doubt it? Wait and see if I have inside info - This will be viewed as good news. For those that were smart enough to buy at this low price, you will be given a gift! RYO is 77% complete and more as I speak." If its true it should'nt have been leaked.... Not fair ! If its not true what would motivate an individual to post such a thing ? -Michael

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next