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


To: A Horse With No Name who wrote (28974)3/3/2003 1:10:00 PM
From: c.hinton  Respond to of 36161
 
Euro up at 1.0873



To: A Horse With No Name who wrote (28974)3/3/2003 1:42:31 PM
From: habitrail  Read Replies (2) | Respond to of 36161
 
Where's the active msg board for RGLD? The SI thread is dead.



To: A Horse With No Name who wrote (28974)3/3/2003 2:53:23 PM
From: habitrail  Respond to of 36161
 
Did this cause it? biz.yahoo.com



To: A Horse With No Name who wrote (28974)3/4/2003 6:43:33 AM
From: SliderOnTheBlack  Respond to of 36161
 
re:["royal gold is being royally kicked. its a nice time to buy this thing today if someone is interested!!"]

...as oppossed to having been a "nice time" to have sold it at $25+ in Dec - Jan ?

Interestingly enough - the selloff on heavy, heavy, volume started a couple weeks prior to the Barrons piece.

Welcome to the "trap door"...the "bag" awaits the deer in headlights crowd ~

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Reuters
Royal Gold share price appears overvalued-Barron's
Sunday March 2, 7:01 pm ET

NEW YORK, March 2 (Reuters) - Shares of Royal Gold Inc. (NasdaqNM:RGLD - News), which acquires and manages precious-metal royalty interests, appear overvalued as they trade at 65 times earnings and 30 times trailing sales, financial newspaper Barron's reported.
Assuming gold prices remain constant at $350 an ounce and using discounted cash flow models, Denver-based Royal Gold's share price is worth only $4.59 a share, Barron's reported, citing a source familiar with Royal Gold but short on its stock.

At $400 an ounce for gold, the company would be worth only $5.14 a share, Barron's reported, citing the source.

The company's stock closed at $19.45 a share on Nasdaq on Friday. Royal Gold did not immediately return a call seeking comment.

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