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Gold/Mining/Energy : Royal Oak-RYO

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To: Elizabeth Andrews who wrote (1091)	7/22/1998 9:37:00 PM
From: Michael Bidder	of 1706

Elizabeth that is a scathing opinion of RYO management. I wouldn't have had the guts to say those things. It is refreshing to hear a contrary view to go Peg go. I see the B.C. governments involvement as an indicator of trouble not the cause. Do you really believe that the company has black ink? I do not. I believe that RYO is losing cash on ALL operations! I to await the final quarter. MB

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