Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!! Message Board

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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!!

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To: RBMac who wrote (140)	2/23/1999 4:04:00 PM
From: mick	Read Replies (1) of 265

Earnings Will Continue to Grow I can see a decline in growth, but earnings will keep growing as far as I can see. Chip prices are based on pulp & paper which is an international product traded in US funds. Now pulp is still down (to the best of my knowledge), but I don't think its changed much from $ 350 US/t. I still see chip prices near $ 100 us per bdt. China used to be a big importer of Canadian pulp, but it sure sounds like they are making more of their own. I still see growth in this company. I am unsure of the wafer board plant (which I think is currently shelved), but paper usage, whether it drops somewhat, will still be required and Sino fills the need by providing them with a local chip supply. Let's put it this way - if I was a coastal pulp mill, I would be very nervous with guys like Sino. What we need now is management to declare a dividend. What say management? How about $ 0.10 per annum? Cheers

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