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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: Rarebird who wrote (54909)6/22/2000 6:13:00 PM
From: goldsheet  Read Replies (1) of 116764
 
> Bob, from the standpoint of NEM, it appears that the Market is not impressed with its buyout of BMG

Agree, but the market was even less impressed by FN/GOLD

> NEM had a lot of debt prior to the acquisition of BMG. I wonder what it will be now.

Long-term debt: NEM has about $1.1B, BMG has $180M, new total= $1.28B

Another liability - I expect NEM to buy back the 2.3 million shares of BMGpfd
so they won't have to pay the $3.25 dividend. That would take about $75-100M ??

The pfd is up 30%, much better than the common:

stockmaster.com

NEM/ABX ratio keeps going down:
goldsheet.simplenet.com
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