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


To: Michael Bidder who wrote (1224)8/24/1998 6:00:00 PM
From: Mike G  Read Replies (3) | Respond to of 1706
 
My suggestion is to let the stock be, and let it take it's natural course. I did however attend the AGM for AGC Americas Gold Corp this morning, and it is almost a given that the Kemess facilities would be used for their find as things progress. How this affects the price of the stock remains to be seen in the future, but with the market dropping, and general malaise in the investment world, along with the very low Canadian dollar, in the the .64 range now, maybe the world economy is collapsing, and worrying about RYO will be a moot point. Of course with a .64 dollar, and Gold almost at 290 per oz. this does make RYO stronger since their costs in relation to the U.S. dollar have dropped another 1% over the past week.

Mike G



To: Michael Bidder who wrote (1224)8/24/1998 9:50:00 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 1706
 
Michael, have you completed your financial analysis of RYO's latest quarter? What were the cash costs of Kemess? How much money is it really losing or is it? Need help here.



To: Michael Bidder who wrote (1224)8/24/1998 9:50:00 PM
From: Elizabeth Andrews  Respond to of 1706
 
Michael, have you completed your financial analysis of RYO's latest quarter? What were the cash costs of Kemess? How much money is it really losing or is it? Need help here.