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Falconbridge Ltd (FAL.TO)

BUY
Good price to cash flow. Prefers over Noranda which is up for sale. More profitable of the two companies.
BUY
Likes nickel and copper. Still in the early innings of a commodity market.
WEAK BUY
The inventory outlook for nickel is heavy. There is a lot more nickel around then there is copper, zinc, etc.
DON'T BUY
Had some negative news that their Kid Creek mine. Likes the sector, but would prefer Noranda and some of the US producers.
DON'T BUY
The base metal sector is being driven by the expansion of China. Feels that a lot of these companies are at their peak. It's not unusual for a pullback of 50%.
DON'T BUY
All of the metal stocks have come off sharply. Nickel probably has the worst fundamentals of the major commodities. Expect nickel to lag.
BUY ON WEAKNESS
Very highly leveraged on nickel. The price of nickel should continue to do well. Spring or early summer is the time to buy.
HOLD
Likes commodity stocks in general. Not as bullish on nickel. Could move higher as metal stocks move.
DON'T BUY
Developed a nice base from 2000 to 2003 and then had enough trend in 2003. Too much bullishness now.
WAIT
Feels commodities are in a bull market but in the near term, will see continued weakness. Wait for it to settle down.
DON'T BUY
Outlook on the metals stocks in general is that commodity prices got over extended. Prefers Tek.
BUY
Likes base metals.
BUY
If you think international demand for raw materials, commodities is going to improve, this is a kind of stock to own.
BUY
A must hold. Copper prices are soaring.
BUY
Performing extremely well. Expects they will ramp up their production fairly quickly, following the strike settlement. It didn't pull back when the sector pulled back.
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