Falconbridge Ltd.( T.FL ) Message Board

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Gold/Mining/Energy : Falconbridge Ltd.( T.FL )

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To: Ralph Kern who wrote (22)	5/5/2000 11:37:00 PM
From: Condor	Read Replies (1) of 103

Hi Ralph, FL did $109,500,000 in the quarter ending March 31. Cu. is strong and Ni. (while surprisingly flat now) price should move up soon. (where have I heard this before? ...hellooo?) If FL does as I expect, it will earn $5-600,000,000 this year. Thats a P/E of 6:1 or so. Can't happen, share price has to rise substantially. Will I be right? Sure hope so or I'm going to take an awful bath. 30 years of playing this business tells me I'm right. We'll see. nickelalloy.com I don't feel the above can go on much longer without a price increase. My God I'm getting tired of spewing this story. I've been buying in as inventory drops. Which comes first, a price rise or me running out of money. 30 years in the business screams "buy". FWIW Regards C

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