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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: roger fontaine who wrote (563)12/12/1997 6:23:00 PM
From: Little Joe  Respond to of 1706
 
Roger:

Thanks for the heads up.

Live long and prosper,

Little Joe



To: roger fontaine who wrote (563)12/12/1997 8:41:00 PM
From: David R. Schaller  Read Replies (1) | Respond to of 1706
 
Roger, many analysts object to RYO using copper (base metal) as a credit against the cost of gold. It is quite accepted to use other precious metals but not everyone is happy with copper credits. You are right to point out the adjustments b/c while precious metals often move together pricewise that is not always the case w/base metals.

Dave


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