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

To: Michael Bidder who wrote (1479)	11/19/1998 11:02:00 PM
From: Gabe Heti	Read Replies (1) \| Respond to of 1706

"If I am wrong anywhere ....." For one thing, "their" should read "there" The rest time will tell. Gabe

To: Michael Bidder who wrote (1479)	11/20/1998 12:53:00 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 1706

Michael, I'm desperately trying to change my style and trying to be nice and not such a bitch on SI. I'm up for the fight except that I have no facts to support or defeat your position. The last quarter didn't help in determining whether Kemess is going to turn to dust as you hope. I do agree that the financial statements are horrible and I can't see what would persuade anyone to own the stock, except that somebody has to. As has been pointed out, the shares of RYO are a highly leveraged call on the price gold and copper. It seems that many countries are trying to inflate their currencies at this time and this may cause the price of gold to go up in the next year. If Japan can fix itself a bit, this will be positive for copper. As I've painfully learned with these penny stocks, it's not where you are but where you're going to be in a year that's important. RYO fits this perfectly, I believe.