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Gold/Mining/Energy : Falconbridge Ltd.( T.FL )

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To: Condor who started this subject7/26/2000 7:58:59 AM
From: leaf  Read Replies (1) of 103
 
Globe & Mail July 26 page B9
Today's Globe has an article about base metal mining companies in which it states that they are cash-generating
machines, but are ignored by investors who worried about
looming economic slow-down.
Mine executives and analysts point out to declining inventories nickel and zinc approaching critically low levels.
Demand in South Korea Japan and Europe remains strong the only concern is United States.
Prices of nickel and zinc could soar especially if the economy makes soft landing and then picks up/
In the article Falconbridge is not mentioned, only Cominco
Noranda and Inco.
This is in nut shell.
Leaf
PS. Condor I feel lonely
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