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


To: Bill Jackson who wrote (897)4/14/1998 12:46:00 PM
From: scott  Read Replies (1) | Respond to of 1706
 
if they had an extra 175mm u.s. kicking around they could buy them out. but they can spare a cent. half of trilons investment is going to pay back the debt deal they did in december and the rest is to pay contractors, etc to finish kemmess. so yes, they need consent or the company will run out of money in a couple of weeks and have to file under CCAA. in either case, imho the equity holders will get boinked.