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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?


To: JOE TURMAINE who wrote (383)12/23/1999 7:57:00 AM
From: Mario Gallant  Read Replies (1) | Respond to of 406
 
Joe, like you said it may be a good time to average down on this one. I've been burnt so many times trying to average down that I'm afraid to try it again. You would think that if these guys were able to make profits selling trailers in North America with all their cost ( before buying Mond )in US dollars now that their cost at this new facility is mostly in Can dollars ( labour, etc.) that they could turn around and sell them in the U.S. and make even more money. Im sure it's not that simple but if we believe that this management can turn things around, the share price could have a long way to go from this 30 cents/share. I will certainly hang on to the shares I have and possibly add hopefully on the way up. ( I also agree with you that someone should go to jail)

Regards,

Mario.