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Gold/Mining/Energy : Cambior Mining Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Syncrude who wrote (2)10/20/1999 5:22:00 PM
From: Peter Neidhardt  Respond to of 45
 
In another article I read, the CFO has mentioned that there had been no offers to date. That worries me. TVX rejected them earlier in the year and it seems the big guys aren't too eager to jump on board, even at rock bottom prices. Hmmm.....it looks like selling the base metal assets might be the only way to reduce the swelling of the hedge problem. I am still confident Cambior has the ability to pull through this, especially if Ashanti can...

Pete



To: Syncrude who wrote (2)10/24/1999 6:48:00 PM
From: charred  Read Replies (1) | Respond to of 45
 
Selling their Granja project would be a start. The problem is that it's uneconomic. Also if I can remember right, there is a 5% NSR. That hurts.

Cambior is in trouble but not dead.


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