Cross Lake Minerals CRN Message Board

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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: dave brown who wrote (1080)	1/6/1998 1:34:00 PM
From: tanoose	Read Replies (1) of 3650

Hello Dave; Your first paragraph is an unbalanced statement; overseas auto production may increase etc, etc,........but if the North American producers are decreasing production how can you say that there will be an "increased demand" in metals. There are many auto company's at the moment carrying more stock than they wish, many models are over the 65 day inventory that most NA producers try to adhere too. What you will have is a state of equilibrium, in fact maybe not so since there is "more metal" in the NA units verses that of the imports?? Just wondering?? With regards,Frank

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