David Burrows
Falconbridge Ltd
FAL-T
BUY
Aug 25, 2005
One of the strong companies in the metal sector. There is a potential over the next several months for a follow up bid for the rest of the company. The stock is just consolidating after a very strong run.
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.