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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (15475)	8/2/2003 7:23:17 PM
From: bmccra	Read Replies (1) \| Respond to of 39344

Is anyone interested in Noranda at these prices? The stock looked to be breaking out just before they announced the dividend reduction. Still pays a decent yield, and with other base metal producers out to highs NRD doesn't look like a bad place to have some money parked. I was long but sold out for a flat trade to raise some cash, fortunately not too long before the dividend cut announcement. Now I'm hoping to be able to buy around $12 CDN, but the stock has been fairly steady around $12.65 - where they have priced a $566m common share offering. b