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

To: Terry J. Crebs who wrote (515)	10/21/1998 10:22:00 AM
From: Lorne Larson	Read Replies (3) \| Respond to of 1615

Friedland sold shares: Inco Ltd - Globe says mystery seller unmasked Inco Ltd N Shares issued 166,052,295 1998-10-20 close $17.95 Wednesday Oct 21 1998 The Globe and Mail reports in its Wednesday, Oct. 21, 1998 edition that the mystery seller of Inco's VBN shares was solved last night when mining promoter Robert Friedland revealed that he had eliminated all his holdings. The Globe's News Bulletins column reports that Mr. Friedland, who is the chairman of Ivanhoe Capital, based in Vancouver and Singapore, sold 3.6 million VBN shares at an undisclosed price, though he probably suffered a substantial loss. The VBN shares, which entitle the holders to 25 per cent of the cash flow of Inco's as yet unopened nickel mine in Voisey's Bay, Labrador, reached a peak of $43.15 in mid-1996. Yesterday, they closed at $7.80, down five cents. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com Since Franco bought 6.6 million, I wonder who sold the other 3 million?