United Industrial Services (UIS/ASE) Message Board

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Gold/Mining/Energy : United Industrial Services (UIS/ASE)

UIS 3.210

+2.6%

Jan 9 9:30 AM EST

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To: DaveU who wrote (81)	11/4/1999 2:12:00 PM
From: SAM-DAN	Read Replies (1) of 90

This is a good company.Their next quarter will show significant revenue as it will include all their shipments of frac sands.But don't think it will result in a profit for the whole year[wasn't expected to, as their plant wasn't in full production until July.] They only mine until freeze up so must be shutting down now They have stockpiled silica and other products that are mined with the frac sands. If they get a glass making contract or final enviromental approval for the Shakes production ,then they have plenty of supplies to start production. Only one of these two developments will give the company year round revenue and make this a big winner. Until then think the stock will stay near these levels. We know they want a TSE listing but think they will need another contract signed before that will happen. They have come a long way and have good management. Next year should be a banner year for them.

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