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Gold/Mining/Energy : Canadian Small Cap Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Tom McIlwain who wrote (88)	5/10/1998 10:00:00 PM
From: Rocket Red	Respond to of 512

I Did when it was at .30c on canadian hot stocks basicly it was on sale and still a solid buy do your own dd and check it out

To: Tom McIlwain who wrote (88)	5/11/1998 10:22:00 PM
From: Solid Play	Respond to of 512

Inflazyme (now $ 1.51) was top 3 net price gainer on VSE. I sold because I only entered Thursday at 96 cents...and thought the 2-day gain should be captured...though I was out at 1.38. By the looks of it, this may be one I'll regret exiting so fast...still lots of interest at this level. Hard to say if it can manage another 40 cent gain Tuesday. Solid Play

To: Tom McIlwain who wrote (88)	5/12/1998 3:09:00 PM
From: Ally	Read Replies (2) \| Respond to of 512

Tom..Signature Brands SBX/TSE - speculative, but very cheap stock!! Here's my third pick for the micro-cap portfolio. It is more risky and speculative than the 1st two, and perhaps I've broken my own rules on stock selection, but I can't help it, cause the company is so cheap. Bought 5,000 shares for only $400!! Posted below in the undervalued thread, and here: Signature Brands is presently trading at 8 cents, making a total capitalization of only $1.8 million (23 mill shares outstanding)!!! This amount can be considered a steal considering that Altamira paid $3.2 million preference shares, new investors pumped in over $3 million new financing, and the bank extended a long term loan (about $5mill)... all these re-structuring/financing taking place only a year ago!! Revenue this year is estimated at $20 million. Price to sales ratio of only .08 !! Company has two manufacturing outlets... producing tortilla chips and other Mexican snacks. Why is the stock so cheap? (1) The general manager of the Vancouver plant ran over to a competitor taking some large accounts with him (law suits now pending) (2)Competitive pricing pressure on margins causing pressure to grow sales. But then, at 8 cents per share for a $20 million sales food manufacturing concern.... the reward/risk ratio is extremely favourable. Most one will lose is 8 cents if company goes bankrupt, but the chances are, with the financing/re-structuring only a year old, and with new owners, the company will overcome present problems! Insiders stock options start at 60 cents/shr!! Caveat: speculative situation... not for the faint at heart.