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Gold/Mining/Energy : Royal Oak-RYO

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To: Michael Bidder who wrote (1015)	6/24/1998 10:45:00 PM
From: Mike G	Read Replies (1) of 1706

Michael - I did what you suggested, and went over and checked out Pegasus. I believe it was at post 171 you suggested going out and shorting Royal Oak Mines. This would explain the negative posts. Did you see the post from RYO today? It looks quite favourable. I hope that this thing comes together, and it hits around the $5.00 mark. I know I read an article a couple of years ago in the paper suggesting that RYO was worth around $13.00. Of course that was when the price of gold was up, and before Bre-X, and I believe they hadn't been ripped off of their prime property in B. C. by the Socialist NDP government yet. They have really had a string of mis-fortune. I know the area is prime gold country. RYO has now a producing Mill, it wouldn't take much for AGC-Americas Gold Corp and Antares to start using this facility, which would share the cost, and everyone would make money. By the way, I appreciate your red flags, It gives me something to ask at the AGM on Friday. For sure I will be attending this one. Just my opinion. Mike G.

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