Repap (RPAPF) 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 : Repap (RPAPF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yo Yo who wrote (216)	8/5/1998 9:31:00 PM
From: The Osprey	Read Replies (2) of 485

YoYo, Debt is based in Canadian Dollars.It is a Canadian Company and must report to Canadian Securities bodies and exchanges.If you look back at my previous posts to this thread you will find that contracts are usually based on US dollars to the States and the premium that Repap picks up on the weak looney is a bonus for them and should help to reduce debt on the converted US dollar. This also happened in 1986 for some of the older investors.I was selling Investors Japenese Growth Fund in 1986 and it did 62.4% that year as the Japenese economy was strong and our dollar was around .68-.69 US. The Yen was strong against both curriencies.When money was converted from the Yen to the dollar(Canadian) the fund did about 35% in foreign exchange and about 27.4 in growth on the fund for a combined total of 62.4%.The weak dollar may be a tremendous help to Repap coupled with strong demand for paper and strong paper prices that result. FWIW. Osprey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next