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Gold/Mining/Energy : Ultrasonic Industrials USI/ASE

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To: Kevin Vickers who wrote (36)4/9/1998 12:36:00 PM
From: Abbeydale  Read Replies (1) of 47
 
Hi Kevin;

I thought we were going to take a bit of a run back to the .90's after the last couple of news releases but she petered out and pulled back. I have been long in this one since 0.40 and have been in and out with smaller positions so many times since then, that I have lost count!

I agree with Craig that the team they have put together seems to be top notch. I look forward to the $5 level in a couple of years. I think that as soon as actual plant construction is under way, we should see a move to $1. Once they are under production, we could see $2 ???

Just called IR and they said all is on schedule. Final contracts to PCL have not yet been awarded, but I expect that they might be announced at their AGM. It is April 21, 1998 at 3:00pm at the 400 Club in Calgary (710 - 4th Ave SW). Barring unforseen circumstances, I expect to be there. Love to hear of any progress on advance contract negotiations (forgot to ask IR).

This thread has been really quiet. I hope we can stir up some more discussion.

Regards

A
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