SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Bidder who wrote (569)12/15/1997 7:56:00 AM
From: Lightning  Read Replies (1) of 1706
 
Much of the loss so far this year is from write-downs of properties/closures of mines. These are therefore one-time events rather than continuing losses. In fact, by closing down the money-losing operations and focusing on those that can at least cover their cash costs, the company is saving precious liquidity. If RYO comes back to $1.00 U.S., I for one will jump all over it. With some tax loss selling from now 'til end of year, perhaps I'll get lucky (but I doubt the price will get that low again).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News