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Gold/Mining/Energy : Royal Oak-RYO

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To: MikeyB who wrote (1379)9/23/1998 1:43:00 PM
From: Michael Bidder  Read Replies (1) of 1706
 
MikeyB

he's worked the numbers and honestly believes that this company is going under

If you have $500 million debt and your payments are 10 million per quarter then the company needs $40 million per year to keep afloat.

I don't believe Kemess can so that.

Michael Bidder
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