Noranda (TSE;NOR) Message Board

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Gold/Mining/Energy : Noranda (TSE;NOR)

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To: Method who wrote (92)	9/15/1998 10:51:00 AM
From: reid brandon	Read Replies (1) of 197

I hope that the spin-off doesn't reduce dividend. But of more concern is that NOR is looking to buy a mine in Australia. Announced today: "Savage Resources shares sprinted to a five month high of 78 cents amid now familiar takeover talk and a drilling update from its Red Legs prospect in Western Australia. Canada Noranda Inc. mentioned as one of the bidders..." see yahoo: biz.yahoo.com Any comments on this potential to add to bottom line in future for NOR? How about costs up front? Maybe they are spending the $ they had set aside for the now scrapped US smelter deal. Reid. (Long on Nor)

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