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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?


To: JOE TURMAINE who wrote (141)9/14/1998 10:54:00 AM
From: Philip Benson  Read Replies (3) | Respond to of 406
 
Gentlemen:

A number of things...

1) I don't know who the people are comparing MII with OTC penny mining stocks but I know they are way off base, but I'm not going to waste a lot of time here. If they are on their way to the poor house because of speculating in these things, then they are probably not investors, they sound like gamblers!

2) Spoke to Dennis (CFO)... website has been a problem but should be up in running in a couple of weeks.

3) They are apparently getting their man-hrs/trailer under 115 (compared to a year ago at 175+)... this should bode well for margins going forward.

4) Manac is NOT NA's largest trailer (custom or otherwise) manufacturer... they can claim the domestic title but there are a number of US players several times larger than Manac (Stoughton, Great Dane, etc.).

FWIW
Philip