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Gold/Mining/Energy : Transat A.T. (TRZ/TSE)
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To: Marc Fortier who wrote (41)9/25/1997 10:18:00 AM
From: PeterB   of 88
 
Initial reaction wasn't too positive, but the price is coming back now. I guess the profit increase is lower than expected. Interesting about the 55 million credit facility when they already have 152 million cash. Could mean an acquisition is coming soon.

Rgds
Peter
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