Michael, you continue to compare RYO with Pegasus, there is no comparison. As you indicated earlier, your only interest in continuing this thread is to drive the company out of business to enhance your short position. The Pegasus executives were still flying around the world in their 2 executive jets the day they went into receivership, RYO does not have any corporate jets, they think twice before spending any money, they have really tightened their belts. By the way, did you get a copy of the conference call held in early July? I smell something really foul about the way everyone is treating RYO. Canada Stockwatch publishes every negative thing they can find about RYO, and yet they never did publish the information on the last conference call when they had done so on prior news releases.
Did you also see the latest news release where the concentrates are better than anticipated, and the through put is also higher than expected?
The Canadian dollar is down again, which means when they take the American money that they are paid in for the gold, convert it to Canadian money to pay the workers, RYO is ahead since they get $1.50 Canadian for every $1.00 U.S. Every 1 cent the Canadian dollar drops, that is like reducing the Trilon interest rates proportionately.
Just my thoughts,
Mike G |
