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Gold/Mining/Energy : Best buys in current market

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To: Pierre J. LeBel who wrote (58)	4/2/1997 2:21:00 PM
From: Marcman	of 210

Pierre, My sentiment exactly. RYC is a very smart long-term investment. Their management team (incl. some of the hitters from Major Drilling) will ensure that the company doesn't become a one-mine wonder. There WILL be further development and, in fact, exploration work for a second antimony deposit has begun. That said, all the expensive work has been done. The company has found a 15-year deposti, put the necessary machinery in place and NOW the cash flow can begin. As the very wise L de Y of BBS has said, this isn't the kind of company that will catch Toronto's attention, but if you want to make a safe, solid investment into a company with good management and a proven resource, this is one way to go. I, too, am putting a handful of RYC into my RRSP -- and I will be able to sleep nights while I'm doing it (with lots of potential growth and excitement thrown in.) It's a good solid recommentation -- with a LOT of UPside potential.

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