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Gold/Mining/Energy : Kasten Chase (KCA/TSE): Buy it!

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To: Perry who wrote ()2/22/1997 12:28:00 PM
From: Charles Jing  Read Replies (1) of 193
 
KCA looks like going to stay between $3.90 and $4.00 for a while until its quarterly report. I have been following KCA for 3 months. The new placement of 3 million warrants at $3.73 is a positive sign for high-tech companies. At least the price is unlikely to fall under $3.75. But the upward mometum must be driven by its performance. Analyst from Yorkton Securities set the target at $5.50 by the end of 1997.
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