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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (139)12/13/1998 11:08:00 PM
From: keith massey  Read Replies (1) of 2259
 
In regards to PDG and ABX trading together. As of Monday I would like to take back this statement for a while.

VANCOUVER (CP) - Placer Dome, (PDG) Canada's second biggest gold miner is getting bigger after offering $1 billion US to buy 100 per cent of Getchell Gold Corporation of Denver, the companies announced Sunday night.

Getchell operates the Getchell and Turquoise Ridge gold mines in Nevada which adjoin Placer's property. Getchell shareholders will be offered 2.45 Placer Dome shares for one of their shares.

Best Regards
KEITH
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