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


To: Michael Bidder who wrote (695)3/12/1998 10:35:00 PM
From: Eashoa' M'sheekha  Read Replies (1) | Respond to of 1706
 
What Street IS That Michael?Sesame Street?<GGG>

I love all these " word on the street rumours ",usually from less
than honest(I'm being nice here)brokers who want to create a little
pandimony to get the trading up.(And sometimes price down/up).

My stats indicate the Kemess to be a very profitable mine actually,
even at today's prices.It is to be noted this project is about 90%
complete,but did have some increased costs that were not within the
projected budget.The takeover rumour I'd treat with the same regard.

I will take my best guess at this one and say it will be completed,
but I'm unsure as to who will finance the completion and at what cost
to RYO for the funds.The B.C Gov't is a good candidate as there was
a copper mine closed out today and they have stated a desire to be
more friendly to mining and exploration in B.C.

This is not the next PGU at this point Michael,so you may wish to
consider your position?It just may get bid(der) up sooner than you
think.<GGG>IMHO

T-AU-R-US..........NO POSITION IN RYO

Good Luck RYO Shareholders



To: Michael Bidder who wrote (695)3/13/1998 7:58:00 AM
From: David R. Schaller  Read Replies (1) | Respond to of 1706
 
GEE WHIZ MICHAEL, <"Ridiculous Lie !">

May I ask what you're referring to? You can go & check the Yahoo chat & you'll find that the rumor is exactly as I stated it. So reporting the rumor can't be a ridiculous lie. If I had said there was no rumor of a takeover..that would be a lie. Or if I said that the takeover would be at $3.00...that would be a lie. Or that the buyout was reported to be years away..that would be a lie.

I also fail to see how a "rumor" can be a lie. The nature of a rumor is that no one knows. It could be, or it could not be. A lie to me is an overt attempt to deceive. By stating that the rumor was exactly that, I was attempting to make sure, that being a rumor, it was accredited a high degree of suspicion. If I thought it was a lie I would not have posted it at all. But I can't be sure it is a lie. Can you?

I also think that when active posts about RYO are taking place on another thread it is worth flagging them for those who are unaware as to what is being discussed.

Mostly I take offense at being accused of posting "ridiculous lies." In the 1.5 years I've posted on SI I've never lied...I have been wrong several times. Like holding the RYO I bought at $3.00.

For the record I hope RYO doesn't sell out. I think that the stock will be worth much more once the mine is up and running. I could be wrong about this... but I'm not lying.

Dave