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Gold/Mining/Energy : Gold Fields Ltd (GOLD: NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Ptaskmaster who wrote (16)6/14/2000 6:39:00 PM
From: re3  Respond to of 26
 
ptask, what is your issue here ? who is this a good deal for and who is this a bad deal for ? i had shares in both companies and i'm quite pleased about the merger.



To: Ptaskmaster who wrote (16)6/17/2000 1:01:00 PM
From: B Hamilton  Read Replies (1) | Respond to of 26
 
Good Post. Thanks for the info. Gold Fields International has been looking for North American properties since at least a year ago, (probably longer). It appears that this merger will be a win win situation for both FN and GOLD.

According to Yahoo.

Newmont has a PE of 186, PDG 39, ABX 24. Maybe now that GOLD will be a Canadian company, the price will go up to reflect a PE in line with other North American Co's.

B Hamilton


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