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

To: mineman who wrote (874)	3/30/1998 11:18:00 AM
From: Bill Jackson	Respond to of 1706

mineman. Such a bleak picture you paint. I am sure capable people have done these assessments. Peggy did not arrive with the latest rainfall, consequently we must assume that the operation was scaled for the long term and while it might not be as profitable at $300 and .80 US for Au/Cu it will be profitable the the cycle on those metals will turn as Asian gets back on it's feet, as they will. There is too much copper demand in China alone for the price to stay at .80 for long. China has US$ in spades and has already started to put it's affairs in 0rder. So buy now profit later. A short might just be dead meat here as I see no further drops in RYO. Bill