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Gold/Mining/Energy : VENGOLD VENGF this is real
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To: Terry Over who wrote (251)10/1/1999 1:13:00 PM
From: Gunnar  Read Replies (1) of 350
 
I am new on this one.

"The Corporation's interest in Lihir Gold includes a right of first
refusal on the 17.2% of Lihir Gold held by Rio Tinto. As of
today's date these shares have a market value of US $ 59 million."

How is the situation for Rio Tinto? Under what circumstances could this asset become a good one for Vengold?

Regards,
Gunnar
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