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

To: Michael Bidder who wrote (700)	3/13/1998 1:03:00 PM
From: Eric Freeman	Read Replies (1) \| Respond to of 1706

I am in the undervalued camp at these prices: too much money invested by BC Gov. to not have this open. With a 90% complete project, hard to imagine it being let fail at this time, even if metal prices do not firm up here, which by the way I feel will happen. I am buying in here at $1 US and $1.50 range Canadian. Will someone buy out RYO?? - I do not know - but if I was in the camp looking toward higher metal prices down the line, what better deal can you find at these prices. We are not talking all the normal wait and uncertainty. Have proven resource, and infrastructure in place. The risk is there, it can't be denied. But on a speculation, I see 50% here, and quickly. Eric