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

To: Michael Bidder who wrote (1207)	8/20/1998 12:03:00 AM
From: roger fontaine	Read Replies (1) \| Respond to of 1706

Michael,I no longer hold RYO, I sold a long time ago when the financing was announce. I did not care for the debt load and was uncertain if RYO would be able to handle the payments with just Kemess showing a profit. I do disagree with you on the Kemess project,I believe it can and will be profitable, however can RYO handle the debt load? In my opinion NO. At present one would be crazy to recommend RYO. Michael, I still say in the past you have posted inaccurate facts, putting up numbers that were false. These threads are, however, to see both sides of the coin. A thread does need a devils advocate and on this thread I guess your it. Regards RF