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Gold/Mining/Energy : Noranda (TSE;NOR)
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To: ackbh who wrote (32)1/27/1998 7:57:00 PM
From: TheMajor  Read Replies (2) of 197
 
Hello there!
By the time you pay taxes, I guess NOR pockets around $C590mm. Not bad small change! The restructuring has started with the annouced sale of Norcen, and once they divest themselves of their other components, over the next six to nine months as I understand, you'll then have a pure mining play, which can be analysed as such with an appropriate stock price. I agree with you, 'tis a good time to be in NOR.
Kind regards
TM
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