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

To: Michael Bidder who wrote (770)	3/19/1998 2:23:00 PM
From: MiamiMike	Read Replies (1) \| Respond to of 1706

Michael, I don't feel sorry for RYO! They've played politics in both B.C. and the NWT and I think the NWT government could be worse off for this then the BC gov't. What if RYO declares bankruptcy? Who cleans up Giant and its tons (nobody knows the exact amount) of Arsenic in U/G storage. The NWT Gov't?? Is somebody really willing to take over RYO as a whole company with all the liability, debt, etc that comes with it. Now, I assume, you've made a few bucks with shorting RYO. Is there any investment out there where you're going to buy rather then short? You seem pretty down on the gold market and have since made money on that. As a friend once told me "Is it Royal Oak or a Royal Joke" Please don't take offence to the above quote, it was just something that was said to me, but when the stock drops from above 5 bucks to below 1 buck....... Miami Mike. (Disclaimer: I never bought or sold RYO, I decided to lose money elsewhere!)