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Gold/Mining/Energy : Mohawk canada

MHK 111.19

-2.2%

3:59 PM EST

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To: frankl who wrote (9)	3/12/1998 10:09:00 PM
From: Kaiser Soza	Read Replies (1) of 18

Hi Frank, I was thinking (that can be dangerous) about our last couple of posts, and I wouldn't rule out someone like PetroCan. If I was a major shareholder and was shopping my company, I wouldn't be too keen to trigger capital gains in this wonderful country of ours where the government takes 40% in taxes. Considering that many of the big oil companies have dropped back from their highs, I wouldn't mind shares in a PetroCan or a Shell at these levels. It would allow for much better estate and tax planning. Who knows, a Husky makes more sense probably, but management may look at the most tax effective deal, and as a small shareholder I would take a share swap on the gains. Regards, Kaiser...

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