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Gold/Mining/Energy : Noranda (TSE;NOR) -- Ignore unavailable to you. Want to Upgrade?


To: Link Lady who wrote (137)2/7/1999 7:54:00 PM
From: TheMajor  Read Replies (1) | Respond to of 197
 
For what it's worth, Merrill Lynch Canada has a buy on NF. The synopsis notes the high dividend, increasing prices for NF's oriented strand board[OSB] products and various "hidden" assets, such as hydro projects in Quebec and freehold forest land in NB and Maine. All of which causes ML to look for a 12-month target of $8.50. Close to a 50% pop, inc. dividend, if it materializes.
Have a fine week.
Kind regards
TM