SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Chisholm who wrote (1615)2/15/1999 3:49:00 PM
From: RON BARNES  Respond to of 1706
 
Northgate and Trilon are and will be the new owners of Kemmes, for better or worse and the remains of RYO will be fought over in court for the next decade!!!!!!!



To: Daniel Chisholm who wrote (1615)2/15/1999 4:22:00 PM
From: Peter Neidhardt  Respond to of 1706
 
You have a very good point Daniel. However, realistically you have about a 1 in 8 chance of getting your money back.

Do yourselves a favour and buy KGC, GLG and TVX....they'll easily double or triple your money in an upturn in gold.

Pete



To: Daniel Chisholm who wrote (1615)2/16/1999 3:11:00 AM
From: Mike G  Read Replies (2) | Respond to of 1706
 
The real outcome of this could depend on the short term price of Gold. If the POG pops up dramatically then RYO could survive, but if not then it looks grim if you are long.

I read an interesting article in MacLeans magazine (a Canadian Magazine) and supposedly 2 of the chief executives that are responsible for the Y2K problem have both sold their houses and invested heavily in Gold. Many people indicate that gold will be very high before the end of the year. This will help RYO if they survive until then.

MIke G