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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (54854)	10/26/2004 12:18:46 AM
From: Taikun	Read Replies (1) \| Respond to of 74559

Condor, I saw Inmet move a bit today on that news but it really is undervalued (IMO it is a C$30 stock), along with so many other Canadian issues!! Basically, because Canada's gov't has made the financial environment so un-capitalist, that investors are deterred from investing in the sector unless they are big kahunas. I've seen this time and time again in Canada and other countries. They'll bend over backwards while shafting the little guy. Just look at the fiasco with non-resident CRT ownership. So you wonder why Canadian companies are so undervalued? This, by the way, it the one thing that keeps me from backing up the truck on Canadian securities. I always wonder when the next MinMetals comes along to buy my investment at a 'small premium'. David