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Gold/Mining/Energy : Winspear Resources
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To: maintenance who wrote (11124)1/5/1999 10:39:00 AM
From: teevee  Read Replies (1) of 26850
 
Hi maintenance,
IMO, the preferred outcome is a hostile takeover involving two or more bidders(at least two or more buyers are required to get the highest possible price-an example was the bidding war between Faloconbridge and Inco for Diamondfields). Mining is a viable but more long term option. The least attractive scenario IMO, is a farmout to a major. If this happens, I will sell in a New York second.
regards,
teevee
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