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Gold/Mining/Energy : Noranda (TSE;NOR)
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To: J-R who wrote (150)2/26/1999 7:35:00 PM
From: Lorne Larson  Read Replies (1) of 197
 
Your point is well taken. It makes no sense to me to issue 2 identical classes of shares. Furthermore I have not seen any analysis in the Globe or NP which clearly explains what this is all about. The only possible explanation is that at some point they will amend one class. However this would require the consent of the other class! Whatever it's all about, it certainly didn't help Noranda at a time when the metals in general have been making a nice move. Extremely irritating.
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