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Gold/Mining/Energy : Royal Oak-RYO
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To: Madharry who wrote (517)12/4/1997 8:54:00 PM
From: roger fontaine  Read Replies (2) of 1706
 
I have read all the posts lately and I am impressed by the knowledge of the investors invested in or following RYO.You all realize the future potiential of RYO and are not starting to panick.RYO is way below book value, it is now an excellent opportunity to pick up shares at basement levels.As long as Kemess can come on line and I don't see why not, RYO cannot go wrong over the long term.I never recommened one to purchase RYO shares before but now is time.We may see some more decline before the new year,but I would suggest anyone thinking of picking up more shares do so soon.Myself I was going to wait till Feb but at these prices I can't.I will soon be accumalating more shares not just because of the current low prices but the future potiential of RYO.As some have suggested, at these prices a takeover is highly possible.A major gold producer can buy RYO and make the payments with the production just from Kemess with plenty of money left over.I believe fund managers will start to accumalate in the new year,late Jan or Feb.
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