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


To: tom shelby who wrote (1377)9/23/1998 11:13:00 AM
From: Michael Bidder  Respond to of 1706
 
<<...positive cash flow. The question is how much? and is it enough?>>>

That is indeed the question. No one has answered my challenge to do the math and show that Kemess can support 1/2 a billion in debt at this POG.

Wow, I have learned something about the stupidity of investors on this one. It's always shocking to see just how inefficient the market really is. Good for us I guess.

Good luck.

Michael Bidder ... patiently waiting.