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Gold/Mining/Energy : Royal Oak-RYO

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To: Daniel Chisholm who wrote (1615)2/16/1999 3:11:00 AM
From: Mike G  Read Replies (2) of 1706
 
The real outcome of this could depend on the short term price of Gold. If the POG pops up dramatically then RYO could survive, but if not then it looks grim if you are long.

I read an interesting article in MacLeans magazine (a Canadian Magazine) and supposedly 2 of the chief executives that are responsible for the Y2K problem have both sold their houses and invested heavily in Gold. Many people indicate that gold will be very high before the end of the year. This will help RYO if they survive until then.

MIke G
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