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Gold/Mining/Energy : Royal Oak-RYO

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To: Michael Bidder who wrote (695)3/12/1998 10:35:00 PM
From: Eashoa' M'sheekha  Read Replies (1) of 1706
 
What Street IS That Michael?Sesame Street?<GGG>

I love all these " word on the street rumours ",usually from less
than honest(I'm being nice here)brokers who want to create a little
pandimony to get the trading up.(And sometimes price down/up).

My stats indicate the Kemess to be a very profitable mine actually,
even at today's prices.It is to be noted this project is about 90%
complete,but did have some increased costs that were not within the
projected budget.The takeover rumour I'd treat with the same regard.

I will take my best guess at this one and say it will be completed,
but I'm unsure as to who will finance the completion and at what cost
to RYO for the funds.The B.C Gov't is a good candidate as there was
a copper mine closed out today and they have stated a desire to be
more friendly to mining and exploration in B.C.

This is not the next PGU at this point Michael,so you may wish to
consider your position?It just may get bid(der) up sooner than you
think.<GGG>IMHO

T-AU-R-US..........NO POSITION IN RYO

Good Luck RYO Shareholders
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