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Gold/Mining/Energy : Royal Oak-RYO

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To: Bobby Yellin who wrote (93)11/20/1996 12:09:00 PM
From: tanoose   of 1706
 
Morning Bobby:

Just this AM,I received shareholders report on RIC,this is one that I would have on my list,but it has appreciated quite well over the last year.Included in it was a report by J.Taylor Gold & Gold stock Report,he gives it a thumbs up.As soon as I can read it through in more detail,I'll get back to you.From what I do know they are a conservative co,with good management.I missed the boat on them when they were trading in the $2-$3 range.Slap my head,didn'thave the cash handy,they have been increasing their reserves,and production,all of which I knew before their price increase.They are trading closer to their 52 wk high right now.How much more upside there is right now I wouldn't want to guess,but they are a fairly safe bet.

With regards,Frank

P.S.In one of your earliar postings you asked me to play Misty for you,"I wouldn't"
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