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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (596)1/24/1999 10:58:00 PM
From: Syncrude  Respond to of 2259
 
Wizzer,

With respect to the upcoming INCO write-off for Voisey's Bay, I think that it is difficult to anticipate the market reaction. Every one knows that it is coming. I guess it will depend on market conditions in general when it is actually announced and if the amount is within what each investment fund expects. Bad news released may result in a rise in the stock price, and good news released may result in a drop. Go figure.