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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 4.210-2.3%Nov 5 3:59 PM EST

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To: leigh aulper who wrote (111)3/3/1997 7:44:00 PM
From: Phoenix   of 290
 
If Repap can't work out anything with its creditors about the Repap
B.C., there will be nothing left for stockhodlers.

The main problem is if the takeover doesn't go ahead, I don't know Repap really have enough cash flow for the next 12 months or not as the management said before.
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