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

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To: The Devil Dog who wrote (191)6/28/1999 2:01:00 PM
From: RBMac  Read Replies (1) of 265
 
Nexfor is doing well also, good run up in price and with high volumes of late.

Hard to say, I think TRE.A will do well once either or both the Forest Sector and Asia gets the green light for investment again. I know it is happening but the more cautious coin is yet to move in - or it at least seems that way since we should be at a higher price by now.

Maybe TRE.A will offer a healthy dividend (relatvely at this price) in a few years time. Once they've expanded to a maturer size, ie they growing by leaps and bounds now.

Nexfor has a juicy dividend, especially if you bought at 6.00ish. 7-8% before preferential tax treatment. That's almost like a 10% GIC.
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