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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)
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To: Scott Mc who wrote (161)11/4/1998 8:24:00 PM
From: csm   of 406
 
Hi Scott,

While hunting for Canadian stocks I remembered you mentioning this one. The loan is definitely good news. Mond already owes Newcourt $15M (if my info is correct) and the fact that they would back them further is a vote of confidence for the way things are going.

In terms of P/E and PSR this is certainly cheap, but they are not very strong financially. Technically it looks like the stock price could move up from here quite nicely. I might try to get some.

Stu.
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