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Gold/Mining/Energy : TLM.TSE Talisman Energy

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To: Edward M. Zettlemoyer who wrote (362)7/27/1999 2:10:00 AM
From: Vince Moretto  Read Replies (1) of 1713
 
Looks like the recent weakness in TLM is politically based. I saw a couple of articles that stated the US House and Senate passed a resolution citing Sudan for genocide, and comments were made by a US Congressman Donald Payne (New Jersey)(African Subcommittee) accusing Talisman's involvement with the Islamic Fundamentalist government of Sudan as actively financing human rights violations. The issues of slavery and dislocation of people near the oilfields were raised. Another article stated that the US House of Representatives passed a resolution for military aid, but it appears that was watered down to humanitarian aid, at this point in time. There were calls for Fidelity and Vanguard mutual funds to divest from TLM, as well as some Pension Funds (one was Wisconsin teachers I believe).There was a demonstration reported in front of the Toronto stock exchange

Not to make light of the situation, but DEJAVU, dust off the Fax machine, and who's got the rocket launcher?

Vince.
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