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Gold/Mining/Energy : Repap (RPAPF) -- Ignore unavailable to you. Want to Upgrade?

To: Yo Yo who wrote (212)	7/31/1998 12:33:00 AM
From: The Osprey	Respond to of 485

Repaps advantage over the other plant is the premium they are picking up on the weak Canadian loonie.That allows more competitive pricing for new business and a windfall on existing contracts.Another advantage is their paper machines(3) are supposedly state of the art and as a result have attributed to that debt burden when they modernized the machines.If our dollar remains weak for a while this should help repap tremendously in their efforts.They are being watched not only by us but also by other paper companies because of their "niche" product and modern facility.The debt reduction if it continues will only make it more and more attractive down the road.Anything between .15- .20 should be a good buyin oppurtunity and any dips will be because of the state of the juniors at the present time and lack of liquidity in the markets compared to what it was.Just MHO for what it is worth.