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Gold/Mining/Energy : Noranda (TSE;NOR)

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To: TheMajor who wrote (156)3/1/1999 6:44:00 PM
From: Moneysmith  Read Replies (1) of 197
 
There may be another reason for Noranda's weakness.....

I learned today that their major shareholder, Edperbrascan, lent $3.3 million each to Garth Drabinsky and Myron Gotlieb. These two gentleman, formerly of Livent, are now embroiled in some serious litigation and have been charged with fraud. If anyone has details about these loans please post them. I only know that the loans were made I do not know when etc.

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