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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (52330)	6/3/2004 11:25:18 AM
From: AugustWest	Respond to of 57110

>>>Dennis E. Wheeler, Chairman and Chief Executive Officer of Coeur, stated, "With strong encouragement from key Wheaton River stockholders, we have decided to increase our proposal by C$0.50 per share. Our revised proposal represents an increase of approximately 11% over our initial proposal, a premium of 26% over the closing price of Wheaton River shares on May 27, 2004, and a premium of 23% over the value of the proposed transaction with IAMGOLD Corporation (Amex: IAG; TSX: IMG) on that date. We strongly believe that our revised proposal is not only superior to the proposed IAMGOLD transaction but that it provides Wheaton River stockholders an excellent opportunity to participate in the significant upside potential of a combined Coeur-Wheaton River." >> What a crock of sheet! Only way I'd give support for CDE to have my WHT shares would be to pay me a premium over WHT's 52 wk high