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To: AugustWest who wrote (2594)6/10/2002 1:48:55 PM
From: Jorj X Mckie  Respond to of 17639
 
BRCD is pissing me off. But it is up against a Triple top and the BRL.

stockcharts.com

BRCM has been much weaker, but it is a triple bottom break down and those tend to retrace a bit.

stockcharts.com



To: AugustWest who wrote (2594)6/10/2002 2:10:10 PM
From: AugustWest  Read Replies (1) | Respond to of 17639
 
TORONTO/EDMONTON, Jun 10, 2002 /PRNewswire-FirstCall via COMTEX/ -- Kinross Gold Corporation (TSX-K; Amex- KGC) ("Kinross" or the "Company"), Echo Bay Mines Ltd. (TSX-ECO; Amex-ECO) ("Echo Bay") and TVX Gold Inc. (TSX-TVX; NYSE-TVX) ("TVX") are pleased to announce the proposed combination of the three companies and the concurrent acquisition of the 49.9% interest in the TVX Newmont Americas ("TVX NA") joint venture owned by Newmont Mining Corporation (NYSE-NEM; TSX-NMC; ASX-NEM) ("Newmont").

Kinross, after having combined with Echo Bay and TVX and after having acquired the TVX NA interest (referred to herein as "new Kinross"), will possess the following attributes:

Terms of the Combination and Concurrent Transaction

The combination of the companies will be achieved by a Plan of Arrangement, whereby Echo Bay shareholders receive 0.52 of a Kinross share for each Echo Bay share and TVX shareholders receive 0.65 of a Kinross share for each TVX share (adjusted accordingly in the event TVX completes the previously approved ten-for-one share consolidation). Concurrently with the combination taking effect, TVX will acquire Newmont's TVX NA interest for US$180 million. The parties expect to enter into a combination agreement which will provide that the combination will be effected pursuant to the Plan of Arrangement.

Based on the 30 day average trading prices on the TSX of Kinross, Echo Bay and TVX prior to the announcement of the combination, the exchange ratios imply a price of Cdn$1.81 per

SOURCE Kinross Gold Corporation

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