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Gold/Mining/Energy : Royal Oak-RYO
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To: Thomas P. Talbot who wrote (945)4/23/1998 5:22:00 AM
From: Madharry  Read Replies (1) of 1706
 
On the Yahoo thread there are two good posts by P. Moll #2170 and #2171, which tries to establish a comparative valuation for RYO by using reserves. He also indicates that filing, and eventually selling Kenness may be preferable to the current option on the table. The key point is that the company's assets exceed liabilities and as the price of gold goes up the value of those assets increase. I suggest that readers looking for a more balanced look at RYO read these posts.
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