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Gold/Mining/Energy : Repap (RPAPF)

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To: dragonden who wrote (155)4/23/1998 5:41:00 PM
From: Wizzer  Read Replies (1) of 485
 
I smell a takeover in the next one or two quarters (sniff, sniff). I'm sure interested parties were just waiting to see the books get in the "black". Quarter release has not done much for the stock today, but if they get another good quarter, who knows what could happen. Only thing that worries me is that without the sale Atholville, the books would be "red". I'm sure there are still some restructuring costs that are affecting the company. It still is a surprising turnaround and here's hoping for a better future for Repap.

Do you think they are going to do a share consolidation? If they do, I'm buying after the consolidation.
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