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Gold/Mining/Energy : Royal Oak-RYO

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To: Michael Bidder who wrote (738)	3/16/1998 9:40:00 PM
From: littleguy	Read Replies (2) of 1706

I'm (very)new to this and really just fell into RYO lately. I was attracted by the forecasts for Kemess. Why on earth wouldn't Toronto underwrite financing? Another thought, BCGov would probably prefer not to give RYO any more cash. If someone else takes Kemess over and can generate the cash to start it up, BC still gets the benefit it wants. On the other hand, BC REALLY dosen't want RYO to bankrupt and default on loans. Is it possible that BC is buying RYO, possibly to sell to a larger mining company? Someone please say so if I'm in left field.

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