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: Al Cern who wrote (968)	5/8/1998 10:04:00 PM
From: Michael Bidder	Read Replies (1) of 1706

Would it not be prudent for the Bondholders to force Royal Oak into default before Kemess is opened. In this way the bondholders can sell the property BEFORE it is opened and revealed for what it possibly is.....a Mount Todd style disaster. One could suppose that the sale price would be a lot lower if it does turn out to be uneconomic, as I contend. Therefor the bondholders must realize that allowing Kemess to open entails great risk to the potential value of their asset. -Michael Bidder

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next