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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V] -- Ignore unavailable to you. Want to Upgrade?


To: Lorne Larson who wrote (502)10/16/1998 10:42:00 AM
From: James M. Belin  Read Replies (1) | Respond to of 1615
 
TO: Anyone

Who were the sellers of the huge stake in Inco-Voisey Bay Nickel that Franco-Nevada has just purchased?

Jim



To: Lorne Larson who wrote (502)10/17/1998 6:42:00 PM
From: buylowsellhigh  Read Replies (1) | Respond to of 1615
 
Told 'ya something's brewing! VBN is still cheap if you can hold out till at the most, the next NEWFIE Provincial Election when Tobin is gonna be forced to make a decision or lose his job! Hey! It's all politics!



To: Lorne Larson who wrote (502)10/22/1998 1:08:00 AM
From: Steve Horwitz  Read Replies (2) | Respond to of 1615
 
Has anyone seen the Wall Street Journal article on Inco and especially Voisey Bay (it appeared last Thursday in section B?) The tone of the article was, to say the least, glum both about Inco and VB's prospects. Particularly galling was the pessimistically wistful comment from Borden Putnam, the staff geologist for Robertson Stephens, the California mutual fund group that owns (owned?) a huge hunk of NVB, and, it seems, was taken in by the Diamondfields spin masters.
More important, can anyone confirm the article's assertion that Inco's estimates of deposits were far too optimistic? I've happily lived with the notion that eventually the nickel would be mined, but if the nickel is less abundant, less accessible, of a lesser grade then perhaps I've been living in a fool's paradise.
Comments?