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Gold/Mining/Energy : Position Trading in Canada

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To: TheMajor who wrote (2092)	3/13/2000 8:33:00 PM
From: Ward Nicholson	Read Replies (2) of 2259

LDM: Damage control... Laidlaw Inc - News Release Laidlaw responds to Safety-Kleen announcement Laidlaw Inc LDM Shares issued 330,209,655 Mar 13 close $2.89 Mon 13 Mar 2000 News Release Mr. T.A.G. Watson reports Laidlaw (NYSE:LDW) is urging Safety-Kleen Corp. (NYSE:SK), in which it has a 44-per-cent common share interest, to quickly complete the internal investigation of its accounting procedures in order to provide quantification of any discrepancies that may be found and to alleviate the uncertainty surrounding the company. Laidlaw will consider all information as it becomes available in determining the appropriate carrying value of its investment in Safety-Kleen and intends to take all available steps to protect the value of its investment. It is important to note that Safety-Kleen has not, in the last three years, contributed any cash flow to Laidlaw. Laidlaw is North America's largest provider of school and intercity bus transportation, municipal transit, patient transportation and emergency department management services. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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