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

To: Elizabeth Andrews who wrote (1454)	10/27/1998 4:56:00 PM
From: Michael Bidder	Respond to of 1706

<<Beware of the signals that look obvious, as the novice is easily plucked and cleaned>> I have been Plucked and cleaned by the best of them. I have many scars to prove it. But thank you for the cautionary note. Interesting trading action on the stock today. Up in the USA and trading down in Toronto. The rumor mill is failing and I think the insiders will have to do a little better if they want another uptick. Michael Bidder

To: Elizabeth Andrews who wrote (1454)	10/28/1998 2:34:00 PM
From: Michael Bidder	Read Replies (2) \| Respond to of 1706

<<<We are dealing with a very clever person and no doubt a survivor.>>> Elezabeth I strongly disagree with the innuendo of the above statement. I no more belive that Peggy can pull a rabbit out of a hat that I believe Royal Oak is worth $650 million dollars (market cap + debt) Certainty is rare in the business world. I found it once. Bre-x presented us with a wonderful short after the speech by Freeport Mcmoran speech by President Jim Bob Moffet. Royal Oak is by no means a short at this price. I realize that. However with the an encumbrance of 1/2 billion at a high rate of interest and ZERO earnings I find only one outcome. In my opinion as always, Michael Bidder