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

To: Bill Jackson who wrote (707)	3/14/1998 11:57:00 PM
From: JCgold3	Read Replies (2) \| Respond to of 1706

Bill, if RYO doesn't get the funds by Friday, are you suggesting that they'll lose Kemess to the senior bondholders and declare bankruptcy? Are they in discussions with a potential white knight? If Friday is the deadline, why would a white Knight pay more than $2.25 which you previously stated would be too low? I know there has to be a drop dead( bad choice of words) date in the not too distant future, and its critical to all of us who are long to know when it is. Are they legally in default on their private placement debt on Friday is the bottom line?