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Gold/Mining/Energy : Royal Oak-RYO
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To: Thomas P. Talbot who wrote (538)12/7/1997 4:46:00 PM
From: P. D.  Read Replies (1) of 1706
 
I think the price of RYO shares is sinking in part due to the drop in the gold price. It should also be noted however, that the exploration staff at the Giant Mine have been laid off save for two. I have also heard rumours that the mine might be closed in February BUT and I want to stress that, that came to me through many, many hands!!!!!! I like RYO although I am not a shareholder at the present time. Does anyone have the reserve figure on Kemess and calculated grades?
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