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Gold/Mining/Energy : ARCTIC GROUP AGP-ASE

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To: Stock_newbie who wrote (57)8/8/1998 3:42:00 AM
From: Ice-Man  Read Replies (1) of 101
 
Cool! You live in winnipeg. Nice to make an investment in something that actually has hard assets you can touch close to home. I heard the nice weather across western Canada had all AGP ice plants from vancouver to winnipeg selling everything they can produce the last few weeks or so. You gotta figure the exceptional hot summer in most parts of north america can only help the efficiencies & earnings for AGP in the first & second quarters of 98.

I believe management of the Arctic Group know the enormous long term potential of their consolidation strategy in this niche industry & are more concerned with building a stable, profitable organization rather than with short term share price fluctuations. Eventually it's the earnings numbers & future earnings potential of a company that determines the share price, so hopefully patience in this case will be rewarded.

Good Trading,
Markus
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