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Gold/Mining/Energy : Royal Oak-RYO

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To: dan pearson who wrote (1035)6/28/1998 11:46:00 PM
From: Mike G   of 1706
 
I was thinking a little more about the conference call coming on July 8th. I asked at the meeting why they were waiting until then, and why they chose that date. They said the reason for that date was both the July 4th US and July 1st Canadian Holidays would be over, and they would get more attention from the Corporate, and Institutional Investors. You can bet if they have chosen that date, and given that much notice, there won't be anything negative in the conference call. When Ms. Witte mentioned that their results were better than anticipated, I am sure that this information will come out in the call.

I am like you, at 1st appearance I wasn't too impressed with Peggy Witte, however when she spoke, had all the information immediately in mind, and spoke with authority, I was quite impressed. Hopefully the institutional investors will be impressed in the next few weeks.

Mike G
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