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Gold/Mining/Energy : Royal Oak-RYO

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To: Michael Bidder who wrote (744)	3/18/1998 8:23:00 AM
From: Bill Jackson	of 1706

What mining pros?, Mines are made for long term operation, a down price for gold and copper is temporary, as it has been in the past. Kemess will have a startup negative cash flow, but once full production is going it will become economic at todays prices. If copper goes to $1.50 and gold to $350+ it will be a bonanza. So I look at those numbers and the risks, and I place my bets. It is not who is right from time to time, it is who stays the course who wins. Bill

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