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

To: Gabe Heti who wrote (1398)	9/28/1998 4:53:00 PM
From: Michael Bidder	Read Replies (1) \| Respond to of 1706

Gabe, I have made it no secret that I am short a very small position. I told Bill that I expect to make coffee money and not much more. I to was concerned that the collapse of the banking system could send gold rocketing. However this fear does not stop me from partaking in what I see as a gross overvaluation of Royal Oak's market cap. As far as $75 dollar cash cost of gold it will never happen Gabe. Kemess is a dud. Of this I am almost certain. Keep vigil with me. regards, Michael Bidder