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RYSMF Hype or Undervalued????     23-Jun-08 05:15 pm    
I talked to the investors relations guy at YES today.
He says they are making 45000 tons a month at a profit of $150 per ton.
That would make this about a $10 stock.
He also claims that JV partner RYSMF is geting 75 oumces of gold a day at a profit of $600+ per ounce.
That makes them a $6 stock.
He says that Roland Larson is just a hard nosed SOB who doesn't care what anybody thinks and is holding back gold bars in Nevada waiting for the price to get back above $1000/oz.
Says RYSMF is sitting on $7 million in cash and waiting to spend $2mmm developing new mines at Sharpe.
Why they have to do this with $6700000 per month in profit makes me wonder????
Maybe you can ask.
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idahoseb


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RYSMF Hype or Undervalued????
idahoseb Not rated 23-Jun-08 05:15 pm  
 
I talked to the investors relations guy at YES tod...
idahoseb Rate it 23-Jun-08 05:17 pm  
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Royal Standard Minerals Inc. (RYSMF.OB)

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