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Gold/Mining/Energy : Kasten Chase (KCA/TSE): Buy it!

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To: Robert Mason who wrote (26)4/21/1997 1:37:00 PM
From: Perry   of 193
 
Robert,

Looked at the annual report very briefly. Looks like they have a good relationship with quite a few large companies. I'm a little concerned that accounts receivable have approximately double since last year. This may be an indication that the company is using a longer payment schedule to entice companies to buy their product. Of course on the other hand it does indicate that sales are up and payment is somewhat guaranteed.

Perry

P.S. How's the new car? Any new info on the KCA announcement?
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