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Gold/Mining/Energy : Canmine resources
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To: Marshhawk who wrote (2702)9/20/2000 7:40:02 PM
From: Ralph Kern  Read Replies (2) of 2769
 
Nice to hear from you.
CMR up 12% today while mining and metals sector down.
Nickel and cobalt expected to be strong over the next 12 months(Metal Bulletin).
DWA research timely. I hear they are working on a valuation model for Canmine. This is important in that research analysts don't know how to value Canmine yet. Hence the stock price doldrums. The DWA report will cause a domino effect in the securities industry and institutional interest should perk up. I don't think current prices will persist as we approach production start up. Should be an interesting AGM next week.
Ralph.
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