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Gold/Mining/Energy : Transat A.T. (TRZ/TSE)

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To: Greg Spendjian who wrote (74)1/13/1998 11:25:00 PM
From: Marc Fortier  Read Replies (1) of 88
 
Greg,

It is most fortunate that Transat has its operations in Mirabel rather than Dorval; I think that only one flight has been delayed because of the ice storm, which has not been a factor north of Montreal. Of course, there was probably be many would-be customers among the poor people who have to fight with this disaster; some will postpone or cancel their plan, but those are the breaks. I just hope that everything will get back on track quickly here, for the good of everybody. Such tragedy are simply too much everywhere in the world; here, we have had two in less than three years (I count the Saguenay's inondation). Enough is enough.

Marc

P.S.: I think that the recent upside of SNC shares are related to an announcement due this month by Alcan. They will invest something like $1,5 billion to build a new smelter in Alma (QC). SNC-Lavalin will have the engineering contrat, wich will be worth more than 100 millions. Good news anyway.
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