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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (91690)6/22/2001 12:51:03 PM
From: kormac  Read Replies (1) of 95453
 
Iso,

I am also still holding Lundin and plan to keep it. The release you posted is the only one I have seen that says the present stockholders get one share in the new company for each share they currently hold. I assume that this is so, since the stock trades above the $3.43 for the TLM offer. The only problem is that the new company will trade only in Stockholm for now. I think the Sudan legislation may be vetoed by Bush, but then who knows. Considering how liberal country Sweden is, Lundin might have to move their headquarters to France. <g>

best, Seppo
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