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

To: Madharry who wrote (537)	12/7/1997 11:10:00 AM
From: Thomas P. Talbot	Read Replies (2) \| Respond to of 1706

When I asked investor relations regarding the financing the reply was "it is not a great concern of management". Though they did not give an absolute 100% guarantee. However, I think the stock is down on the gold price which makes investors skitish about even the slightest uncertainty. If gold was at 330 there would be no problem as the other properties would be profitable. Remember the line of credit expired on 9/30/97 and the stock traded at 3 in the week thereafter. Of course gold was then in the 330s. Maybe ABX or a mid level company will cover some of their shorts and use the profits to buy RYO. Thoughts.