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Gold/Mining/Energy : Vasogen-- VAS on TSE

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To: Douglas who wrote (201)9/5/1999 12:42:00 PM
From: jackil_54  Read Replies (1) of 377
 
I also heard about the comparison to QLT but didn't want to mention it since I haven't read the article and wanted confirmation before posting. I guess we can always dream VAS can pull a QLT.

Anyway, you're very right about the board of directors, there was one appointment in November of last year that got my friend who recommended this one extremely excited.

BTW, there are 4 analyst reports out there that I know of, if anyone doesn't have access to these reports here are their price targets.

BLC Securities : AA ranking (their highest ranking); no price target

LOM: 3.50$ price target (I respect Doug Janzen of LOM, he also has a buy rating on FMI my personal favorite CDN biotech)

Research Capital: 3.70$ price target

Wellington West: 4.30$ price target

One more thing if VAS does go substantially higher, I believe there will be many more buying opportunities given this stock is relatively thinly traded and somewhat unknown. However, I was very impressed how it broke through its previous 52 week high and am curious to see where we're going to make a base.
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