first quantum minerals FM on TSE Message Board

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Gold/Mining/Energy : first quantum minerals FM on TSE

FM 27.19

0.0%

Jan 8 4:00 PM EST

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To: Philip Nolan who wrote (156)	7/18/1997 7:13:00 AM
From: DRT	of 385

Since the beginning of July, it looks like CM Oliver has been exercising the 200,000 warrants it held and selling those shares at bargain prices. From the house position numbers (-195,000), it looks like that ended yesterday - the buyers outnumbered the sellers and the price went up. Given the company's reputation in Zambia and the ongoing dialogue with ZCCM/ZPA, I'm confident that you will see some positive news for FM re. ZCCM privatization. DRT

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