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

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To: mick who wrote (239)1/28/2000 12:37:00 PM
From: mick  Read Replies (1) of 265
 
Profits Triple at Pulp Firms

Article discussing Tembec's sales increasing by 31 % and claiming that these are the best conditions in 30 years (Edmonton Journal). Bleached kraft pulp rose to $ 640 US and is expected to hit $ 700 US - up from its bottom of $ 475 a year ago.

Interpretation

Chip makers will be able to substantial increase the price. TRE could possibly obtain a 50 % price hike or better. It may even be getting some more dough this last quarter.

Ya gotta like a company that can make money at the bottom of a cycle, because you know it will make a pi*s pot more during the good times.

Cheers
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