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Gold/Mining/Energy : Repap (RPAPF)
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To: Dennis Latchum who wrote (219)8/6/1998 6:20:00 PM
From: naber  Read Replies (1) of 485
 
Keep in mind that , as daunting as that debtload seems... it is better than it was before the "firesale"....Repap as we know it is but a shadow of its former self. They have sold assets to pay down debt and , overall... despite the corresponding reduction in the company's book value ( inevitable result of selling off assets )the picture, it seems to me.. is much brighter. They are a smaller company on the way to better profitability.
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