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Gold/Mining/Energy : MIRAMAR MINING (MNG)
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To: Dave Johnson who wrote (208)12/30/1997 8:34:00 PM
From: dwight vickers of 457
 
Dave,

My market guess is one of two.

Either the market is saying the cash and other assets cannot be sustained.

Or, the market is stupid.....or imperfect.

Normally I would say the latter is unlikely. But when it's the metals, and a foreign operator in particular....if the market was ever going to be imperfect this is where it would show up.

Dwight
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