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


To: KevinK who wrote (821)3/25/1998 11:46:00 PM
From: Bill Jackson  Respond to of 1706
 
Niven, STay with your shares, and buy some more as you see fit. With this money in hand for finishing Kemiss I see a rosy future for RYO.
Do not forget that the ancient Japanese monetary unit was the RYO, and it always looked good to me.

bill



To: KevinK who wrote (821)3/26/1998 12:33:00 AM
From: Eric Freeman  Respond to of 1706
 
Niven: we cannot tell you what to do - you have to make that decision yourself. However lets put it this way - you said you bought shares and now you have doubts. You must have had serious doubts before this as the biggest immediate risk was for RYO to go under - especially according to some who comment here. So I take it that you bought your shares because you saw a future for RYO. Well has that future been diminished or enhanced now? IF you want to play the gold stocks then you must have a plan based on something: value, future potential,trading situation etc. to name a few. I see all of these applying to RYO.
I am bullish. What more can I say?
BUT - Those are my reasons? What are yours? That should give you an answer. Remember, that your particular decision depends on your risk profile and circumstances. Please do not buy simply because of some voice (like mine) on the internet. That is not a good way to play any stock. Read this stuff, take in all the views, and then do your own due diligence on any company in which you get interested.
Do I personally like the Risk/Reward of RYO - you bet I do. Will the price rise - I think so, maybe even gap up without any chance to get in at todays price. But nothing is for sure.
Put it this way - any shorts out there will be twitching very heavily on this news. Hard to see many selling at todays prices. On the other hand there will be a number of people who will trade out on a rise from here.

Eric