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Gold/Mining/Energy : ABER RESOURCES

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To: The Fix who wrote (983)2/16/1999 3:11:00 PM
From: marcos  Read Replies (1) of 2006
 
Doesn't sound logical to me, Fixer. Like red says, they have only themselves to blame for losing percentage last year to save a few nickels. Anyway, they have their hands full right now developing and financing Diavik.

I hold both and have a high opinion generally of their performance and think they're both undervalued - but when i took cash out of the market just lately, it was the abz i sold.

No way 1 for 3 - 1 for 2 I would go for, but that would tank abz ... i don't think it's gonna happen and i doubt that it's being seriously considered .... there could be a wide variety of reasons for abz to meet with wsp .... among them the exact opposite of this rumour - abz looking to liquidate their Snap Lake interest to finance Diavik .... although as an abz shareholder i would strongly object to them dumping Haywood at the project value indicated today by wsp's current price ....... well, time will tell ..... cheers ... macros
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