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


To: Michael Bidder who wrote (1010)6/24/1998 12:39:00 AM
From: Mike G  Read Replies (1) | Respond to of 1706
 
Michael - just curious, after I read the information that Scott asked me to, I never posted to this thread again. You subsequently sent me a post in order to "keep the thread alive." If you feel that RYO is going out of business, why would you care to keep the thread alive? Just let it die.

Unfortunately for me, knowing the area, I invested in RYO. The investment came at just the wrong time, but I felt I was investing in a real mine, not just speculation. I have investments in ACG Americas Gold Corp, as well as Antares, the operator of AGC, and now in RYO. The area is good, but the price of gold is disastrous. Put the price of gold up by $50.00 per ounce, and we wouldn't be having this discussion.

OPEC is meeting tomorrow to get the price of oil up to $21.00 per barrel. I had heard rumours that there could be a gold producers cartel. Have you heard anymore about this?

It looks like there are all of 3 of us looking at this thread, so my meagre input isn't going to sway the market.

Thanks for your input,

Mike G