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Gold/Mining/Energy : Repap (RPAPF)

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To: scott who wrote (164)5/7/1998 5:35:00 PM
From: Yo Yo   of 485
 
Bravo Scott!

The first sane, informed, non-hype post I've seen on this board in a
long time.

You are absolutely right about the relative value of Repap on
a $$ per ton of capacity valuation basis. (Per Repap's CEO,
the way anyone looking to buy out Repap would do it). It is
fully priced if you compare to the Blanding or other recent buyouts.

As a former holder since the $0.12 U.S. range, and a recent seller of
my Repap stock, I just let the hype run freely.

Repap IS a solid paper company from an operational point. And
being fairly priced does not mean Repap won't go to $1.00 U.S. in
the next 3 months, It just means it will be speculators, not investors
who drive the price up there. Maybe Daimler Benz will buy them
out at a premium too?

Yo Yo
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