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Gold/Mining/Energy : CRL,100% growth, EPS of .04 6months .39 stock
CRL 177.88-0.5%Nov 4 3:59 PM EST

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To: Ciao who wrote (127)8/13/1999 10:06:00 PM
From: Ciao   of 177
 
I understand that Brant Securities has just put out a buy recommendation on CRL with a target price of $3.40. Below
is taken from the micro-cap value thread.

To: +Murray Nightingale (31 )
From: +Ross Orr
Friday, Aug 13 1999 10:24AM ET
Reply # of 33

It has been a while since anyone has posted here. Cdn Chemical just had a
research report written on them by Brant Sec. in Toronto calling for a one
year target of $3.40 based on 20X earnings. Interesting that all the
comparisons they did with other enviro companies had 30X P/E. This would
give us over $5. Stock has hung in at its highs for 2 months and the second
quarter is due out next week. Third unit is working and fourth is to be
announced soon. Go CRL go.

Ross
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