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Gold/Mining/Energy : CANADIAN MAPLE LEAF FINANCIAL CORPORATION
CNF 5.000+3.7%Oct 31 9:30 AM EST

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To: Ciao who wrote (24)3/22/2001 1:12:34 PM
From: M. Merriam   of 25
 
You know that the appeal has been heard already. This judgement will be the final word, as it will be from their highest court. CML has cross-appealed for a higher settlement (which I believe could be in the order of twice as much).

You must consider pending dilution when calculating book value and potential book after a favourable settlement.

Mike
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