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

To: roger fontaine who wrote (551)	12/11/1997 11:27:00 AM
From: Michael Bidder	Read Replies (3) \| Respond to of 1706

I was wrong Roger. In my inthusiasum to to discredit RYO's fiscal situation I incorectly stated the cost of production of Au at Giant mine at 360 over the last 3 years. The corect numbers are: cost/oz Au 1995 $ 329 1996 $ 357 1997 $ 325 estimate. Also earnings: 1991 $ 8.6 1992 $ 11.4 1993 $ 12.4 estamate 1994 $ 22 1995 $ 23 1996 $ -5.9 1997 $ -62 (3quarters) Roger do you know the state of the hedge book ? Will loosing 20 million a quarter have any long term inpact on this company. Why not shut down and right down Gaint ? And has anyone been able to cooberate that statment by stockman on a Yahoo thread: "RYO will receive $78mil to complete the Kemess mine opening. Wait till the news becomes public. This is a little inside info. Doubt it? Wait and see if I have inside info - This will be viewed as good news. For those that were smart enough to buy at this low price, you will be given a gift! RYO is 77% complete and more as I speak." If its true it should'nt have been leaked.... Not fair ! If its not true what would motivate an individual to post such a thing ? -Michael

To: roger fontaine who wrote (551)	7/15/1998 2:28:00 PM
From: Michael Bidder	Respond to of 1706

Mr. Roger Fontaine! <<<,This is the first person that has posted here that I say we ignore>>>> Upon reading the historical posts I am struck by the fact that only Al Cern, the Globe and Mail, the Finacial Post, myself and perhaps some I missed, advised a sell. The bulk of the posts were from promoters hyping the dying company. You went so far as to suggest I be ignored! Times have changed Mr. Fontain and they are going to change a whole lot more! quote.yahoo.com Michael Bidder