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

To: Al Collard who wrote (887)	3/1/2002 12:32:53 PM
From: John Dally	Read Replies (2) \| Respond to of 905

Hello, I believe that this decision was expected by people familiar with TVX and that the drop in price won't last too long. The real opportunity is between TVX and Normandy/Newmont/FN: If TVX isn't taken over, then I would expect there to be a deal to rationalize the ownership of their 5 shared mines. I assume that the large company with the large bank account will end up buying out TVX's interests at a premium and/or selling their own interests to TVX at a discount. But, it will take time . . . Best regards, John.