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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 4.210-2.3%Nov 5 3:59 PM EST

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To: Lorne Larson who wrote (174)6/15/1997 12:29:00 PM
From: tk   of 290
 
Repaps additional financing is also due at the end of July, Where will the money come from? My personal feeling is that there will be a equity issue or a division will be sold. Paper prices are beginning to recover, I recently received a notice from my computer paper supplier that advises me of a 8% increase. The sector finally has some positive news, and most paper stocks have gone up. Repap has too many uncertainties that only company specific news will have a impact on the stock.
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