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

To: Elizabeth Andrews who wrote (1097)	7/24/1998 12:21:00 AM
From: Michael Bidder	Read Replies (1) \| Respond to of 1706

Thankyou Elizabeth. Sometimes I need correction. I guess we all from time to time veer off track. The root of my blanket statements are from common sense. Many individuals have trouble with it. Winston Churchill said it this way: "Man will occasionally stumble over the truth, but most time he will pick himsef up and carry on." I mustn't say more. MB (said another way, the grade is to low)

To: Elizabeth Andrews who wrote (1097)	7/24/1998 12:36:00 AM
From: Michael Bidder	Read Replies (2) \| Respond to of 1706

Elizabeth, Where were you wrong? Your belief that Royal Oak's properties can support the interest payments. It is interesting that you have such negative opinions of management yet you trust their numbers. I trust my connections that indicate to me that Kemess is uneconomic at $350 gold and $1 cu. Trillon must be gambling on a pop in commodity prices. We are forced by circumstance to let the passage of time be the final judge. Thankyou again. MB, Less dogmatic and more objective.