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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)

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To: Wizzer who wrote (235)12/17/1998 12:11:00 AM
From: csm   of 406
 
My guess is that this will pretty well be it. TM picks up Canadian capacity at cheap dollar rates for a song. DeLillo and Arsenault keep their jobs only now they're rich and have no headaches, probably even nice exit clauses.

The real beneficiary is TM and existing Mond shareholders in the longer run. This should mean Mond shares realize their real value of $3-4/share much more quickly since sales and earnings should be very strong for the foreseeable future.

I just can't get over the 50&cent price. Stock should work its way to $1-2 pretty quickly. Don't forget, the guys who sold for 50&cent got other benefits.

Stuart.
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