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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (510)	12/3/1997 7:54:00 PM
From: Grant Baker	Respond to of 1706

Armin, I believe that our thinking on this subject is very similar...you are just more succinct in your analysis!

To: Madharry who wrote (510)	12/3/1997 8:25:00 PM
From: don wang	Read Replies (1) \| Respond to of 1706

Yes, there is someone out there to drive down the stock. IT IS FIRST MARATHON SECURITIES INC.!!!! At 3:40p.m. it was out there with only one lot to bit for $1.61 while asking price was $1.68 with 10 lots. After the 10 lots went through for $1.61, at 3:43p.m. FIRST MARATHON made cross over trading 1 million shares for $1.60. The share price of RYO goes back to the level of 1991 and at that time RYO was a small company and traded at PENNY STOCK. Seven years the company has grown a lot, I do not believe right now the price can represent it's real value. Taking this price and you do not need seven years, the price will come back to $6.00 - $8.00 again. Even waiting 7 years its return will be 23.5% annualized which is still much more than GIC.I don't think RYO will go to bankruptcy. The darkest hours is that before the dawn. Don P.S. Mr. Shiton P. if you read this msg please call me or send e-mail to me.