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

To: Michael Bidder who wrote (1044)	7/10/1998 9:41:00 PM
From: Mike Rogers	Read Replies (1) \| Respond to of 1706

It's easy to pick a high cost producer in a gold price slump and make predictions. Sometimes you'll be right. Maybe this time you are. Only time will tell. Especially if gold remains this low or lower for some time. Of course who can really pick when gold will recover. Could be next week, next month, next year or maybe never. If you speculate in these types of stocks you wear the risk. Hopefully the majority still in truly understand that. I like how Peggy operates, but she has had one hell of a challenge in this situation. If she pulls it off more power to her. If she doesn't I will survive. Have a good day. Mike

To: Michael Bidder who wrote (1044)	7/11/1998 5:01:00 PM
From: Mike G	Read Replies (2) \| Respond to of 1706

Michael - I still have my position on Royal Oak Mines, and after the AGM, am convinced that it is going to work out fine because of the management they have in place. If only the price of gold would go up, it would be a lot easier. Remember I mentioned that RYO would probably use their mill to process other claims. If you go to the Antares thread, at post 3792, this was mentioned at the Antares AGM that they could use the Kemmess mill to process their minerals. I believe that area will some day be one of the largest gold producing areas in the world. What baffles me is the negative press that RYO draws. Some fellow from a penny stock analyst recommended selling RYO the other day, and Canada Stockwatch publishes this. There has not been one thing mentioned about the RYO conference call mentioned by Canada Stockwatch, and I would suggest that there are lots of brokers, news writers, as well as yourself who are trying to short this thing. It is interesting as well that there is nothing mentioned on this thread for days, and you come out of the wood work, make some taunting statement, just to keep the thread alive in your negative fashion. If you don't like the stock, why don't you just go away, and leave it alone, or do you have some personal vendetta against RYO? Thanks, Mike G