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

To: Michael Bidder who wrote (1096)	7/23/1998 1:12:00 PM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 1706

Dear Michael, I made several points, on which am I wrong? You are clearly in the advanced dogmatic stage of your career as a speculator. Blanket statements are a sign of the disease. You are probably a great danger to yourself but you are likely to be young and inexperienced for whom such a malady is common. By the way, I don't own RYO and I'm not short. It's an interesting story of maximizing the value of poor assets to the benefit of one person. However, it's the things that neither you nor Peggy can control that will likely determine the outcome for the equity of RYO. Remember, the numbers only tell you what happened.

To: Michael Bidder who wrote (1096)	7/25/1998 9:02:00 PM
From: rasputin	Respond to of 1706

So if Royal Oak is such a bow-wow, why not take any losses and invest in something with more potential? Recently received some junk mail touting an unnamed Gold which was as high as $15 in the past year and now just around $2, but with cash of $2.50 a share and big reserves. Didn't buy the newsletter, but been told there are a few junior canadians sitting on their cash, holding back on further exploration until metals prices rise. Personally I am still holding Canyon Resources and Bema Gold, despite big decline in prices. At least my silver and platinum stuff like Paasf and swc are holding up well.