Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (961)	1/6/2002 4:48:38 PM
From: Al Collard	Respond to of 4470

Hi tyke, Your in with IMN-t @$3.30 for 6,060 shares. Chart for Inmet Mining Corp: stockcharts.com[w,a]dacaniay[dc][pb50!c20!f][vc60][iLa12,26,9!Ll14] From the chart of IMN we can see the stock is currently trading above all it's major MA's with support @$2.94 it's 20EMA. The chart looks a little toppy and I would expect a test of support at some point. This stock needs to put in a good basing pattern if this latest uptrend is going to have any lasting strength. JMO Good luck with this pick, *** Al

To: tyc:> who wrote (961)	1/7/2002 7:51:43 AM
From: Al Collard	Read Replies (1) \| Respond to of 4470

IMN-t...in the news: NP/Bloomberg say Inmet Mining touches three-year high Mon 7 Jan 2002 The National Post reports in its Saturday, Jan. 5, edition that Inmet Mining touched an intraday three-year high of $3.45 before settling back to finish at $3.30, ahead 10 cents on the Toronto Stock Exchange Friday. A Bloomberg News dispatch to the Post reports that the stock is being buoyed by optimism about the zinc and copper-mining company's latest acquisitions and speculation that metal prices are set to rise. Inmet made two acquisitions in December as part of its expansion plans. It bought an additional 6 per cent of the the Cayeli copper and zinc site in Turkey for $13-million, raising its stake to 55 per cent, and purchased the Pyhaesalmi mine in Finland for $82.6-million from Outokumpu Oyj. Canaccord Capital analyst Greg Barnes says, "The real kicker was the buy in the Finnish mine -- that's a big acquisition." He rates the stock a "buy" and does not own any. The Finnish mine, which annually produces 14,000 tons of zinc, is expected to operate until 2014. The mine employs 200 workers. The shares have also gotten a push from optimism that demand for metals such as copper will gain as economies recover. Copper lost almost a fifth of its value last year, reports Bloomberg.