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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!!

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To: worldtraveller who wrote (142)2/23/1999 8:36:00 PM
From: mick   of 265
 
Because I like dividends.

I would have to think what the dividend would cost.Probably 3.5 M$?

A little expensive.

Not sure why they require that much financing anyway. How many wood lots are they planing to buy ? The lots are aspen, which the company indicates is used mainly for building (aspen is pretty pitchy type of wood for pulping).

You caught me. I am buying and selling on the swings. I do think this company is a long term hold, but I am having fun buying in the low and selling on the way up. I will probably get caught doing this and no longer be able to get back in again at the price I want.

You are probably right that it isn't reasonable to expect dividends.

I amwaiting the 4q results for the market to wake up and see this stock.

Curiously, on the Yahoo quote area, this stock was downgraded from a strong buy to a moderate buy.

Cheers
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