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Gold/Mining/Energy : Royal Oak-RYO

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To: Michael Bidder who wrote (1044)	7/10/1998 9:41:00 PM
From: Mike Rogers	Read Replies (1) of 1706

It's easy to pick a high cost producer in a gold price slump and make predictions. Sometimes you'll be right. Maybe this time you are. Only time will tell. Especially if gold remains this low or lower for some time. Of course who can really pick when gold will recover. Could be next week, next month, next year or maybe never. If you speculate in these types of stocks you wear the risk. Hopefully the majority still in truly understand that. I like how Peggy operates, but she has had one hell of a challenge in this situation. If she pulls it off more power to her. If she doesn't I will survive. Have a good day. Mike

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