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

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To: M. Merriam who wrote (174)5/20/1999 1:00:00 AM
From: mick   of 265
 
I wish you pointed this out back in January when their stock was trading at $ 5 instead of $ 15.

Your suggestion peaked my interest. FOX has had inconsistent growing earnings (1997 lost money when OSB turned to crap) compared to TRE. They are enjoying the strong housing demand with increased OSB prices. The OSB market could turn bearish again, which could force FOX to lower earnings. Pulp is still bearish, so if TRE can make money on chips now, they should still be able to in the future.

A definite plus is they are in Canada compared to TRE being in Asia.

Interesting though to see how some stocks get over looked. FOX was a good turn around story. This stock doesn't appear to have finished its run yet, so I will check in to it more closely.

Cheers
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