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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 3.800-5.2%10:40 AM EST

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To: TFF who wrote (18)1/15/1997 5:04:00 PM
From: Phoenix   of 290
 
Even though I did not have money, I still could not help myself but
got 500 more shares @ 2.83. at the last fifteen minutes even I already
got couple thousand shares this afternoon. AS I stated before, I may be bias but the price was just too good. I am only a very small investor so there is no way I can support the market at a certain level, and I know the more I get, the more risk I have. But if the price still falls, I think I shall sell some of my stocks and get some Repap (may be up to 25% of my investment - for me, it is a big gamble).

If the price stays at this level or falls more, I think Avenor shareholders will not approve the takeover. It will take a lot of
Avenor management team's effort to sell the idea. No matter what
happens, I hope my decision can reward me in the future.

By the way, any idea about Primex Forest???
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