Hi there, J.S! Glad you're back! So, do you have any suggestions at this juncture? I've heard that the latest Kaiser's Report predicts that by January 1998, the Junior Metals market (Vancouver-Alberta) will be the next booming sector/place to be. Have you noticed how the VSE and ASE indexes have been creeping slowly upwards?? Kind of like silver prices. My favorites at this time, besides COD, of course, are: ARU, LCR, ICA, NDE, and UKH. Roman Corp. (RMN-T) could be a sleeper - check into it! HUGE volume recently - a paper-board company diversifying into mining, finance, oil and uranium producers ... it's becoming a holding company! However, with a P/E ratio of a mere 7!!, and having recently paid a DIVIDEND (remember THOSE?), it may be a sleeper on the verge of being "discovered" by our mutual fund buddies. Hell, in July, the Saturday edn. of the Globe & Mail reported that $4.1 Billion in FRESH money found its way into the market!! In the U.S., the figure was $23 Billion!!! With WALLS of money coming in at this clip, and the major market stocks in decline, corrective or otherwise, what'll happen if even 10% of this starts flowing into the juniors sectors?? Aye??
Harry K. |
