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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (13142)	5/24/2002 12:06:17 AM
From: isopatch	Respond to of 36161

Dunno. Will ask the Lord Treasurer. Hey Elvis...... Seriously, I defer to someone who's been trading that one. Very truly yours, The Duke of Earl

To: waverider who wrote (13142)	5/24/2002 9:39:32 AM
From: gold$10k	Read Replies (1) \| Respond to of 36161

WR, I have had success trading RGLD many times, including a number of times buying $2.50-2.75 and selling $3.00-3.50. There was always no debt and no cost of production, so at those prices it seemed to be a no-brainer. As the POG rises the royalty percentage rises as well as the profits by which the royalty percentage is multiplied. That is their leverage, but now that its stock price 6 times higher, its future is a function of the POG like all the rest. Regards, vt