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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (277)	11/26/1999 9:40:00 AM
From: Aggie	Read Replies (1) \| Respond to of 318

To all, This looks like a bitter pill indeed for Sir John. biz.yahoo.com The latest in the long series of post-Soviet nightmare bureaucratic intrigues. Nearly every western company who has opened shop in the FSU has eventually left,, happy to break even. My bet is that the whole deal was set up for Tyumen to waltz in a grab it right on oil's uptick, just as the capital's beginning to flow in. BPA paid $571 million for a measley 10%, two years ago. Now Tyumen (a company not unknown to controversey) has picked up 100% for $178 million. Not a bad deal, Da? Regards to all, Aggie