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Strategies & Market Trends : Ride the Tiger with CD

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To: Eva who wrote (18965)11/8/2004 4:13:04 PM
From: Condor  Read Replies (1) of 312684
 
Placer Dome to raise $500-million (U.S.) in offering

2004-11-08 16:00 ET - News Release

Mr. Greg Martin reports

PLACER DOME ANNOUNCES $500 MILLION OFFERING OF COMMON SHARES NOVEMBER 8, 2004
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Net proceeds from the offering will be used for general corporate purposes, which may include financing of new project development and other capital expenditures.
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perhaps...such as buy new reserves from someone like ..oh say IMR and AQI.
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Down people...I just made that up. <gg>

C
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