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Gold/Mining/Energy : Royal Oak-RYO

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To: JERRY GACH who wrote (647)1/19/1998 10:01:00 AM
From: peter gucker  Read Replies (1) of 1706
 
Are the people that run this company a bunch of yahoos or what ????,,,,,,,,,,,,,,,,,,,,,,, >>Over the Weekend Royal Oak Finalizes Arrangements to Receive Consents from the Majority of the Senior Subordinated Note Holders

KIRKLAND, Washington--(BUSINESS WIRE)--Jan. 19, 1998--Royal Oak Mines Inc. (TSE:RYO.) (AMEX:RYO) Royal Oak Mines Inc. announces today that over the weekend it has reached agreement with the majority of the aggregate amount of its Senior Subordinated Note holders and consents acceptable to the senior lenders will be delivered to the Company. The Company plans to draw down the funds this week from its US$44 million senior financing previously closed in escrow.
JERRY GACH on Jan 17 1998 11:56PM EST<<<<<<<<

>>Trying to figure out "triggers" for an upswing in the price of gold.

Ideas???<<<Anyone shooting a couple of missles at Israel...That should do it....
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