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Gold/Mining/Energy : Royal Oak-RYO

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To: Al Cern who wrote (577)	12/16/1997 4:43:00 AM
From: Michael Bidder	Read Replies (1) of 1706

Thanks Al My mining experiance is limited but my business exeriance is not. There is going to have to be a lot of explaining to do for the Government of B.C. 200 million and Royal is asking for more ! In the meantime, every day that goes by the company continues to lose money and the company fails to deliver the goods the more confident I become that my investment will increase in value. I really don't care about short-term volatility. As long as the fundamentals keep deteriorating, I simply regard any upticks or short squeezes as an opportunity to short more. (Borrowed from Bill Wexler Zonagen post #1005) I take this position because I wish to make money. I have absolutly no hard feelings towards Royal Oak which provided meny jobs to individuals and families.

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