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

To: Michael Bidder who wrote (890)	4/5/1998 7:21:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 1706

Michael, I think RYO will gor forward and open Kemiss. They have the money to go that far. They will operate at a minimum cost basis until gold/copper goes up a bit. By that I mean they will mine as efficiently as possible and minimize extranous expenditures elswehere that are not directly production oriented. This will allow Kemiss to make a profit and perhaps even enough to pay interest if money wasted can be trimmed to a minimal level. When(and if) gold/copper both return to $325+ and $1.00+ then kemiss will be a gold mine. Bill