Canam Manac (me/CAM.A) The forgotten one! Message Board

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Gold/Mining/Energy : Canam Manac (me/CAM.A) The forgotten one!

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To: Charles T who wrote (3)	10/3/1997 5:47:00 PM
From: Marc Fortier	of 13

Hi Charles, I have sold my shares of CAM.A a few days ago with a small profit. It's not that I had lost confidence in the company, but I have decided to consolidate my portfolio, reinvesting the smaller positions on just a few preferred ones (SNC and BRR). If you want my advice about CAM.A, it's certainly not expensive right now, but I would not recommend it as a core holding for your portfolio. If your preference is to hold for the long term, it should not represent more than 5 to 10% of your assets. Since it is much preferable to invest at least $5,000 at a time in a stock (to absorb the brokerage firm percentage), you would then have to have at least $50,000 in your account. A last counsel: don't invest in CAM.A with borrowed money. It may be long before the stock starts a move upward after you buy it, so it would be frustrating to see it going nowhere for sometime as you would have to pay interest on it. Best regards, Marc Fortier

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