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Gold/Mining/Energy : Royal Oak-RYO

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To: Richard Gibbons who wrote (1060)7/17/1998 12:26:00 AM
From: bill718  Read Replies (2) of 1706
 
Excellent post Richard. Bidder's constant attacks on Royal Oak are obviously an attempt to get the share price down either because this individual is shorting, or because he has sold out and intends to buy back in at the lowest price possible. No other scenerio makes sense to me...this individual is certainly not a shareholder with the companies (or other shareholders) best interests at heart....especially considering the huge effort he is putting into his assaults. He is here to make money.

Since none of us know exactly when POG will rise again, it is impossible to try and predict the fate of RYO accurately IMO.

Further, with the recent financing in place, one would think that a tremendous amount of DD would have been done prior to such by those with far greater knowledge of the company and it's financial condition/potential than those who post here (especially those who post in an attempt to manipulate the market).
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