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Gold/Mining/Energy : Royal Oak-RYO

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To: tom shelby who wrote (994)	5/30/1998 4:29:00 AM
From: Peter Neidhardt	Read Replies (1) of 1706

Should RYO been working there ass of for a merger? I would imagine no one would want their debt load! However, maybe it is worth it in order to get Kemess? That's what Kinross did. Took on close to a half-billion dollars in debt to get 2 long life, solid producing mines. Where's PDG or ABX, one's with cash to pickup RYO's assets. P.S. You have to be fuc*in crazy to be long on RYO....especially in this jittery (stock and gold) market. Pitty, Kemess is a good property too! Good venture capital as they say! Pete

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