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Gold/Mining/Energy : Falconbridge Ltd.( T.FL )
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To: Condor who wrote (16)2/11/2000 5:13:00 AM
From: Condor  Read Replies (1) of 103
 
Ni. price up to 4.37/lb today and copper at .83/lb.
The CEO of FL indicates that it may be a record year for profits in 2000. That suggests that $ 400,000,000 profits are a distinct possibility. I would have to agree and suspect this may even be conservative.
In the mean time the stock price is flat.
Helloooo out there.
A value play that will probably survive a techie bubble burst. This will be my safe harbour.
Plunged in today with a substantial buy at $ 24.40 CDN
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