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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Alex Greenland who wrote (3264)2/26/1998 5:46:00 PM
From: Allen Furlan  Respond to of 78549
 
Better get their last 3 annual reports and look at their estimates of depletion and annual adjustments thereto. I looked at BRU last year and decided not to buy because the assets depleted much faster than initial prospectus and following reports estimated. I guess it is real hard to estimate a coal seam(BRU) reserve. Not familiar with TRU but this might be an issue.