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

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To: RBMac who wrote (211)9/30/1999 12:12:00 PM
From: mick  Read Replies (1) of 265
 
So - what do you think about this ?

Seems like they are going to the banks to keep raising more money when they are actually making pretty good earnings. Terms don't appear to be bad. I was kind of hoping they might spread some of the earnings to the shareholder, but it doesn't look like this will be in the cards.

Seems to be the only thing holding this back is the fear of currency devaluation. Personally, I don't think it will effect the compnay one way or another (may help marginally on costs, but could lose on lumber sales). With the recovery signs in Japan, this could spur pulp demand.

I thought that this puppy was about to fly when it was a $ 2.4, but I guess we are waiting for the 3rd Q (maybe 4th?).

Might as well put all my shares away and forget them (was planing on holding half long term, selling half at $5).

Cheers

PS Why is prime so cheap in Euro land ? Might have to call some one over there to loan me a few bucks.
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