Westmin Resources(T.WMI) Message Board

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Gold/Mining/Energy : Westmin Resources(T.WMI)

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To: Tim Cruise who wrote (59)	1/19/1998 11:47:00 PM
From: Randyfb	Read Replies (1) of 63

Tim, Boliden is offering $5.40 per share cash OR $5.40Cdn worth of Boliden shares based on the average Boliden share price for a 10 day period to the day they take up Westmin shares (actually a little more complex but this is the jist of it). They want 66 2/3% of the shares tendered. Actually, I'm now considering tendering my WMI shares for Boliden shares since the Boliden shares have dropped a lot lately. I think Boliden might not be such a bad stock to own. Westmin shares will probably drop to the 4 dollar range if the deal falls through. Regards, Randy.

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