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

To: David R. Schaller who wrote (723)	3/15/1998 5:35:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 1706

David, that is about $7 million for 1998 at now prices, What is the precise date they will actually deliver that gold and get the $416 for 1998? Are they staggered at 5000 ounces per month, ie some semblance of rates of production? Bill

To: David R. Schaller who wrote (723)	3/15/1998 6:27:00 PM
From: JCgold3	Respond to of 1706

David, I apologize. I keep RYO's Annual Report on my dining room table these days which will give you some idea of my level of interest in RYO in the past several weeks. Obviously it isn't doing me much good as I'm missing some big items. I've seen the statement that they are one of the few companies not having any forward sales post 12/97 so many times on various Boards that I've come to accept it without doing my own research. Obviously, this is a good lesson learned with no financial impact. Also its good news for us RYO shareholders. THANKS! JOHN