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Gold/Mining/Energy : Royal Oak-RYO

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To: Elizabeth Andrews who wrote (1091)7/22/1998 9:39:00 PM
From: Michael Bidder  Read Replies (1) of 1706
 
****NEWS FLASH****SELL!

Inv Reporter says there is too much staked on Kemess

Royal Oak Mines Inc RYO
Shares issued 140,795,079 Jul 20 close $1.06
Tue 21 Jul 98 In the News
In the July 24 issue, The Investment Reporter reveals a list of 25 stocks it believes have below-average appeal and should underperform the market in 1998. Royal Oak ($1.19), which according to the Reporter has staked its future on the Kemess mine project and is over-leveraged, is one of these companies. Sell.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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