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: scott who wrote (998)	6/2/1998 10:42:00 AM
From: Mike G	Read Replies (1) of 1706

Scott - that is what I was trying to do was my homework, and maybe I am unaware of some of the figures that you quoted, and I am looking for help to understand this. Their financial statement as I read it indicates $8 million in debt. We know of this latest $120 million that was just raised, which should pay off the contractors and everyone else. Are there other debt figures I am unaware of? I do know that most of their other mines at this time are uneconomical, but at least one is profitable, the others should come around if the price of gold ever goes up. Thanks for your help, Mike G.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next