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Gold/Mining/Energy : Noranda (TSE;NOR) -- Ignore unavailable to you. Want to Upgrade?


To: TheMajor who wrote (156)3/1/1999 6:44:00 PM
From: Moneysmith  Read Replies (1) | Respond to of 197
 
There may be another reason for Noranda's weakness.....

I learned today that their major shareholder, Edperbrascan, lent $3.3 million each to Garth Drabinsky and Myron Gotlieb. These two gentleman, formerly of Livent, are now embroiled in some serious litigation and have been charged with fraud. If anyone has details about these loans please post them. I only know that the loans were made I do not know when etc.




To: TheMajor who wrote (156)3/5/1999 12:11:00 PM
From: J-R  Read Replies (1) | Respond to of 197
 
TheMajor,

Now with the bogus share split out of the way, what is holding back the company from the $17.00 range we had passed before the announcement?? I hoped when I read it in the NP that we would rebound back nice and strong...

Jason