PRUDENTIAL STEEL (tse:PTS) Message Board

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Gold/Mining/Energy : PRUDENTIAL STEEL (tse:PTS)

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To: kmcdonald who wrote (41)	9/9/1998 9:55:00 PM
From: David Robinson	Read Replies (1) of 69

Successful Investor newsletter (Sept edition) calls it a Buy for aggressive investors. The writer calls it a "well-managed junior... Its fortunes rise and fall with oil and gas prices and drilling activity. But it manages to stay profitable during market lulls, and to reach new heights when business is good, while maintaining a strong balance sheet and low debt. The company is nearly debt free, so it can survive a lengthy period of weak sales." The shares certainly seem to be "on sale" these days, IMHO. Guess I bought too soon. David

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