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Gold/Mining/Energy : first quantum minerals FM on TSE -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (246)2/1/1999 4:38:00 AM
From: Garry R.  Read Replies (1) | Respond to of 385
 
Ed,

I think this is a good one to watch, and am waiting(hoping)
to for this stock to bottom out before investing.

The stock has been on a steady decline for almost a year now,
and the recent large decline in copper prices(which comprise a fair
size of revenue) might be part of the problem too. Have also read
that copper is in oversupply and the price will continue to fall
until early in the new century.

Yearend financials won't be out till about May based on last years
filings...and I am curious to see them.

Just my two cents, hope high hopes that this stock will return
to its 52 week high of over $4.00.