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Gold/Mining/Energy : Falconbridge Ltd.( T.FL ) -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (25)	5/12/2000 9:43:00 AM
From: Condor	Read Replies (1) \| Respond to of 103

This out today: Falconbridge Ltd - NP says Falconbridge nickel reserves running low Falconbridge Ltd FL Shares issued 177,041,400 2000-05-11 close $23.8 Friday May 12 2000 The National Post reports in its Friday, May 12, edition that Falconbridge is running out of nickel reserves. The National Post's Briefing column reports that four of the company's five mines will deplete their ore bodies within the next six or seven years, says vice-president, Allen Hayward. The firm will continue to aggressively search for new, economically viable deposits and construction on a new mine must begin within two years if its is to be up and running in time to replace those going out of production, says Mr. Hayward. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com Hayward wins, he's convinced me. Will be looking to sell FL and going to N to capitalize on declining Nickel and Copper LME inventories.