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

To: Mike G who wrote (1231)	8/25/1998 2:40:00 AM
From: Michael Bidder	Respond to of 1706

Mike, I missed the Bloomberg article. I hope Royal's stock price is not damaged by it. Any further slippage may precipitate a de-listing. Are you out of your position yet? I advise it. Royal Oaks market cap is still $70 million. I have been a pain to all you longs. I know many of you know a lot more about the industry than I do. I am an amateur who got lucky on a call. Some of you have been in the business for years. I respect that. MB

To: Mike G who wrote (1231)	8/25/1998 2:47:00 AM
From: Michael Bidder	Respond to of 1706

OFF TOPIC I couldn't help notice that there is a lot of radio coverage of the French Canadian Sovereignty issue and less on the collapse of the loonie. Canada's week dollar is an embarrassment to all Canadians. Let's get rid of the governments propaganda arm, the CBC, and let the media be truer and more honest than it is with government funding. In other words more democracy not less. Lets not be apathetic! Amen MB

To: Mike G who wrote (1231)	8/25/1998 4:32:00 PM
From: Michael Bidder	Read Replies (2) \| Respond to of 1706

Borrowed from Goldtech post # 4363 yahoo: A Royal Oak spokesman declined to comment on a Bloomberg wire service report that it will ask bondholders to revamp the terms of US$175 million in publicly traded bonds. "That's inaccurate. I can't talk about that now," said Graham Eacott, vice-president of investor relations. Why didn't Graham just say; "We're in trouble, if we can get any interest relief anywhere we will take it."? In another statement taken from Stockwatcn bulletin: Vice-president of investor relations Graham Eacott says he believes the company will make the payment. No assurances here. Mike in light of the recent events are you now willing to concede that Royal Oak with a Market Cap of $70 million is not such a great bet? The CEO sold. Are you still holding? MB

To: Mike G who wrote (1231)	8/26/1998 4:00:00 PM
From: Michael Bidder	Read Replies (2) \| Respond to of 1706

Mike G., Royal Oak All of you must have noticed the slippage on Royal Oak. Bid is below 0.50 cnt US. This lends strong support to my arguments of late. It also discredits those who have been touting this stock for the last year or so. Most of the touts are gone. I will be here to turn out the lights. I hope someone out there that thought to buy this stock saved money as a result of my opinions. If the stock can't be supported at this level then I assume the American Exchange and the Nasdaq will de-list it. Look into the listing requirements if you like. Mike now are you willing to call Royal Oak a sell. Michael Bidder.....Thank God and America for Freedom of Speech