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

To: Michael Bidder who wrote (1469)	11/12/1998 11:07:00 PM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 1706

On this one I'm waiting to see the facts. Trilon are smart people and they don't need a problem. Since Peg may have a litigious attitude, I'm not sure whether anybody believes that she might stand to any contract without a major fight. In my view, it's still too early to tell. I would be comfortable shorting RYO at 50 cents if I had the facts that it was going to zero. The common shares are a proxy on gold and copper and these prices are out of my control. Darn! If the commodity market turns, I'd want to be long RYO. Be careful we are in a trough now and things could turn.