GREY:HRIVF - Post by User
Comment by
Novaman67on Nov 15, 2010 11:09am
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Post# 17706901
RE: RE: Excellent Results
RE: RE: Excellent ResultsThe royalty is in perpetuity I believe, if you read the past info on that one (a common practice in mining land deals).......long term debt is essentially gone with cash in the bank, so that is a net positive cash holding of 100M+. I would like to see Production05 pipe in here for his analysis which we laymen can understand :-))
............NM67