Greenstone (GRERF) Message Board

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Gold/Mining/Energy : Greenstone (GRERF)

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To: todd wiseman who wrote (71)	8/17/1998 5:43:00 PM
From: Daytek77	Read Replies (1) of 138

Todd Here is a 5 and ten year chart of Greenstone. canada.bigcharts.com canada.bigcharts.com The stock is back to the same level as mid '95 before they had anything to talk about. This financing announced today avoids the potential of what happened to Royal Oak. With a month to go on Kemess mine they ran out of money and contractors walked out demanding payment. They got a loan from Trilon Financial which they will be paying for a long time. The value of Kemess won't be reflected in RYO stock price because a lot of the cash-flow will go to service debt for a long time. Regardless, Greenstone has bottomed and you should see a much firmer price as the weeks progress. Tony

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