Laura Wallace
Falconbridge Ltd
FAL-T
TRADE
Jul 25, 2005
Copper is considered a very good indicator of economic strength because it's used so much in building. You also have the nickle which gives youy a double exposure, so, if she bought, would prefer this one over Inmet (IMN-T).
The chance of them not getting taken over is almost zero. If you own, you might consider taking some profit now and holding on to some and see what might come out of the woodwork.
(A Top Pick Oct 19/05. Up 84%.) Was incredibly cheap and thought he could make a good grinding rate of return. He also hoped that the nickel market might get tight. Was taken out.
(A Top Pick Aug 25/05. Up 124%.) Had chosen it on the expectation the nickel market would tighten up, which it did. Now looking for junior companies with producing assets.