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

To: Stockbull who wrote (109)	6/2/1998 11:54:00 PM
From: Ted Kosokowsky	Respond to of 512

If you know Cinram, you know the potential. They aren't really trying to compete with Cinram. Apparently they already talked to Cinram, and have their blessing for all the small volume orders from Western Canada they don't want to bother with. The joint venture is with CDI, a division of Spinner Records in Vancouver. Spinner does enough volume to fill the plant with enough capacity to keep it running. All the rest is gravy. I think they only want to develop into a company with 2 machines, enough for $15 million gross sales. This doesn't come near to compete with Cinram with a $500 million market cap. I urge you to take a closer look. They will do $.25 net profit in their first year if they only get 50% capacity. They are almost there already with enough orders. Ted