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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Frankly Speaking who wrote (58363)8/1/2006 3:27:07 PM
From: zoo york  Read Replies (1) | Respond to of 312910
 
Hi FS!

I own them all, but if I had the cash handy today and could only buy one it would be CS. IPT will make a move soon when they announce the drilling results from a program they have underway so I can wait a bit for that one. BGL is probably going to be in a range until Sept and it has held up pretty good during the correction, so even though I think it is a solid pick, it does not offer the same level of value as the others right now. SPM too will not make a meaningful move until late next month when they start making a few announcements and become more active on promotion.

For CS, they were on schedule to go to commercial production starting this month and we should get some news to that effect. My information is that the refurbishment of the recovery plant is complete and they will be able to rapidly increase to full production once the usual start-up teething troubles are resolved. So I think CS offers the best value at the current time, and the best potential that it will outperform the others for the first few weeks at least.

cheers!

COACH247