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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (18289)8/15/2006 1:23:23 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 78410
 
FWIW, I think JER will be several times higher within the next couple of years. I don't think the boat's left at all. It's still well below the $1.10 price of their last PP, and I don't think CIBC will ease up on their bidding until it's at least above there.

JER should reach sales of $2 million per month next year (http://www.howardgroupinc.com/insight/insight.htm#jer ), and have a market cap of under $30 million. The growth of their market of Wood Plastic Composite should boom in Asia in coming years.

I really like having them as diversification for my mostly mining portfolio. They should similarly benefit from the industrialization of China, India, and other areas of the world, but aren't dependent on metals prices. Their Malaysian plant should be in production this month, the Philippines plant by the end of the year, and the Indian plant by next spring.