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

To: Michael Bidder who wrote (1099)7/24/1998 8:41:00 AM
From: wrm1  Read Replies (1) | Respond to of 1706
 
Michael,
What does this say for the lenders who just entered into the loan agreements. They blundered, big time. RIGHT? NO!!! There are obvious risk involvements, and their loan requirements reflect these.However, we will certainly know the truth and someone will surely stumble over it.



To: Michael Bidder who wrote (1099)7/24/1998 10:39:00 AM
From: Elizabeth Andrews  Read Replies (3) | Respond to of 1706
 
Let's let the next set of financials drive the discussion. You may be right about Kemess. If so, the whole deal is in the soup. Trilon is probably betting that Kemess can support $120 million in debt but nobody knows at this time.


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