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Gold/Mining/Energy : Falconbridge Ltd.( T.FL ) -- Ignore unavailable to you. Want to Upgrade?


To: natou who wrote (27)5/21/2000 8:27:00 AM
From: Condor  Read Replies (2) | Respond to of 103
 
Bon matin!
Yes, no doubt Ni. will hit $ 5.00 since inventory is dropping, strike or no strike. Equally important to FL is the fact that the Cu. price is also strong and getting stronger as its LME inventory is also dropping quickly.
nickelalloy.com
nickelalloy.com
Inco will do well also and I'm thinking call options on it are worth looking at.
Regards
C



To: natou who wrote (27)5/21/2000 8:44:00 AM
From: Condor  Respond to of 103
 
The added kicker for FL is copper. We are also a large producer of Cu. in Sudbury and also Colluhasi in Chile. Our costs to produce in Chile are .40/lb for Cu.
Colluhasi is the 4th largest Cu. mine in the world and a huge contributor to our bottom line.
falconbridge.com
FL has been griping lately about lack of ore reserves in Sudbury, but remember, we are in contract negotiations. I know that the planning for our next mine known as the "Onaping depth" in Sudbury is very advanced and will no doubt be announced once negotiations are completed. It is a large, rich ore body.
C