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Gold/Mining/Energy : River Gold Mines LTD <> Traded TOR: ( RIV )
RIV 11.73-0.3%Dec 9 4:00 PM EST

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To: Robert J Mullenbach who wrote (14)11/17/1999 2:22:00 PM
From: Jason Marcotte  Read Replies (1) of 16
 
Generally favourable review of River Gold came out today by Merill Lynch Canada. It raised its rating to an Accumulate. River made a penny a share in Q3, and has reinstated the shaft sinking program. Merrill is projecting River to produce 90, 000 oz's of gold next year at a cash cost of $190/oz.

Jason
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