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Gold/Mining/Energy : MIRAMAR MINING (MNG)

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To: Frank Pembleton who wrote (363)2/8/2002 9:09:36 AM
From: John DallyRead Replies (1) of 457
 
OK everyone, it's time to wake up . . .

"VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 7, 2002-- Miramar Mining Corporation (TSE:MAE - news; OTCBB:MAENF - news) and Hope Bay Gold Corporation (TSE:HGC - news) today announced that they are in discussions to combine the two companies on the basis of a share exchange ratio of 0.263 of a Miramar share for one Hope Bay Gold share. "

biz.yahoo.com

This would make it easier for a major to buy them out. But, I don't like the exchange rate . . .

Best regards, John
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