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


To: steve gilchrist who wrote (1147)8/4/1998 4:53:00 PM
From: Michael Bidder  Respond to of 1706
 
Steve you are right.

In my zeal to criticize I sometimes get carried away.I forget it was my parents and society that gave me all the wonderful things I have today.

In the case of RYO we are talking about money. Royal Oak is not a game. I have done my homework.

Royal Oak is daily losing $100,000 USD. These daily losses are gradually eroding the already eroded equity base. When the next quarter comes out we will have a better understanding just how bad things really are.

Where will Royal Oak get her money for the payroll, mill operation, Interest payments, etc. etc. etc.?

Michael Bidder .....not fooling around.