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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (70033)	5/22/2001 6:42:31 PM
From: Zardoz	Read Replies (2) \| Respond to of 116927

That's funny that you'd think Credit Suisse First Boston knows more about Gold then Noranda. Heck, maybe they want to write options or other more exotic derivative on those few shares? Hutch

To: teevee who wrote (70033)	5/22/2001 8:30:29 PM
From: goldsheet	Read Replies (1) \| Respond to of 116927

> why would CSFB buy Noranda's stock position in Newmont for C$260 million? They could be buying the entire position of 6.85 million shares of Newmont to liquidate over months instead of Noranda dumping it on the market all at once. Noranda really made out very well selling their stake in Battle Mountain to Newmont, and is now redeploying capital. Maybe when/if Noranda does an acquisition CSFB might be their investment banker ? It might just be a simple financial transaction with Newmont shares being the currency, not really a gold investment by CFSB.