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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!!
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To: thewiz who wrote (205)8/19/1999 10:33:00 PM
From: mick   of 265
 
They have always reported in US$

The problem is that they are using the wrong medium to sell. They need to set up a dot.com.

Earnings were a little bit lower than I wanted - I was hoping for 0.10 US$. Still, it is about 15 % better than last year. I think they are on target for 0.45 US$ for the year.

It makes me ill sometimes to think how I watched the .com's thining that no one would invest in these companies with 0 earnings (and those are the lucky ones). I was watching one company, Contiki Resources, TKI-V, who were exploring for diamonds in Botswana. They failed at that and were trading under 0.10. They decide to become an internut setting up a soccer pool. All of a sudden, they are worth $ 1.5 and climbing. I don't talk about RIM anymore - it hurts too much.

Speculation is like musical chairs - lots of fun until you are stuck without a chair. Reminds me of the gold speculation pre Brex

I will stick with a company that is growing earnings and reasonable valuations. There are a number out there.

I see little risk with TRE. The China economy is in doldrums, but paper still needs to be supplied. If they focus too much on panelboard, then I might worry a little.

Don't even bother worrying. Invest a little more on each down dip (I am waiting for some one at Cannacord to start dumping again).

Cheers
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