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: Daniel Chisholm who wrote (1657)	3/29/1999 9:18:00 PM
From: Michael Bidder	Read Replies (1) of 1706

Daniel I don't understand. Isn't Trilon going to receive 100 cents on the dollar? Trilon's $120M (US) senior. $175M (US) at 25 cents on the dollar is $43.75M (US). I see just enough equity in Kemess to cover Trilon and nothing but environmental liabilities for the rest. BTW, I think Trilon must be beginning to sweat. With Kemess losing money and Trilon in the operators seat their losses on this property are proportional to the length of time they choose to keep it open. Michael Bidder.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next