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Gold/Mining/Energy : Kafus Environmental (KS)
KS 34.950.0%Dec 14 4:00 PM EST

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To: Peter G. Mackey who wrote (143)1/20/1999 12:23:00 PM
From: Abuckatatime  Read Replies (1) of 229
 
Peter,

The proof is in the production. You're right, for years the announcements have discussed new ventures, financings, developmental plans, etc., but no news about cash flow from ongoing operations because the company isn't there yet. I don't expect to see the stock make a significant and convincing move until the company brings a plant or two on line. The move from developmental stage to actual producer of commodity products should attract the street's attention and analyst coverage. If the company can meet their stated timelines with respect to Canfibre Riverside, FortaFiber, Kenaf Paper, and Bio-composites, then I truly expect to see higher prices in this year's second half. Have these operations already been factored into today's price? I don't think so. So many announcements over so many years with nothing much to show...yet. When Kafus puts something tangible on the table the storyline will change. JMO.

Greg

PS I note that KS is making a good showing today, just traded at 5.
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