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Gold/Mining/Energy : MIRAMAR MINING (MNG)
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To: Bear who wrote (243)2/14/1999 9:33:00 AM
From: Hugh M.Read Replies (1) of 457
 
Hello thread, anyone still hold/watch Miramar? I realize production at the Con mine is still halted, but maybe that is a blessing considering the cost to mine it is rather high. But with 90 million in cash, no debt, and 60 million shares, this one looks like a buy and hold. I thought the company made a very deft move by purchasing and retiring their convertible debentures at a 33% discount. In effect, they are buying their own shares. Any current news or rumors? They should put that 90 million to work, while good properties are a steal.

Hugh
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