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To: Nathan who wrote (30295)2/5/2002 5:20:29 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 209892
 
Nathan, i actually traded it a bit...most recently went long again at 41 and 42 cents. my considered opinion is that the new management has swallowed all the bitter pills that needed swallowing, and that things are clearly improving from here, with or without the Greek assets. inter alia, TVX is mulling to buy back Normandy's stake in its operations, and i guess the new NEM would be a willing seller. if the Greek operation gets approved, i'd peg it's value at about $1.50/share with the high share count now out, conservatively. a nod from the Greek authorities would make TVX shareholders happy campers for a change.
TVX is even buying back shares...generally a good sign.