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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (1595)11/4/2001 2:31:29 PM
From: teevee  Read Replies (1) | Respond to of 8273
 
ralph,

Good rag on teck....

other than some select oil and gas stocks, Gold, Mining, and Natural Resources=investment ghetto=dead and or depreciating capital with no or poor liquidity....cash and free cash flow is king these days....and so are companies that can deliver....



To: ralfph who wrote (1595)11/4/2001 2:46:59 PM
From: marcos  Respond to of 8273
 
Better a package of aur.to/fm.to/imn.to if a person wants to play base metals, imho ... and possibly ivn.to ... Teck is so big, so followed, so held by institutions ... great post on it here btw, and interesting teevee's point on succession ... if i was going to trade something like this it would be strictly from its chart, and short-term, you'll never see it offered as good value based on fundamentals imho, nothing like what you can find in the more neglected mid-caps

Early last week i lightened up on aur.to, sold some down to 2.65 ... sold a little imn.to as well ... which makes no sense on fundamentals - Aur had stellar trailing financials and neutralising their hedge position with those calls shouldn't hurt as long as they didn't pay too much for them ... and clearly they have got QB in the bag secure, in case anybody still worried about that ... but - i think i'll get that paper back cheaper in a few weeks ... just a time-of-year, chart-read, metal-price cycle, hunch sort of thing