Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (451)	7/6/2001 2:46:32 PM
From: craig crawford	Read Replies (1) of 1643

Friday July 6, 12:02 pm Eastern Time Troubled gold miner Cambior gets new CFO biz.yahoo.com MONTREAL, July 6 (Reuters) - Troubled Canadian gold miner Cambior Inc. (Toronto:CBJ.TO - news) has appointed Bryan Coates chief financial officer, the company said on Friday. ..................................................................................... Debt-burdened Cambior has been trying to restructure its finances and operations after a gold-hedging program derailed by a spike in gold prices in 1999 nearly sank the company and blasted its shares into a penny stock. In late June, Cambior and its Bolivian partner Minera SA sold their El Pachon copper project in Argentina to Noranda for $30 million. Cambior shares slipped 1 Canadian cent at 79 Canadian cents on the Toronto Stock Exchange on Friday. ($1 equals $1.52 Canadian)

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