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


To: Bill Jackson who wrote (750)3/18/1998 9:44:00 AM
From: Al Cern  Read Replies (2) | Respond to of 1706
 
Bill,

We will probably never know if this is the case or not. RYO in its present form will not get the money it needs to start up and get to full production. I would also disagree with your statement that it is economical at those prices. Calculations I did several months ago, using RYO's own cost estimates, showed the operation to be marginal, at best.

Sincerely,

Al Cern