Opinions Sandy McIntyre
Great Lakes Carbon Income FundGLC.UN.TOWEAK BUYMay 12, 2006
Almost all of their revenue is in US$. Operations are running fine. They are the predominant producer of calcine carbon which is used in aluminum refineries. Doesn't have a problem with this except for their currency.
Sandy McIntyreOwned
$10.05
Stock price when the opinion was issued
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BUY
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The world's largest producer of calcine petroleum coke. The pricing for their commodity is quite strong because of the limited supply. Have generated good margins. The good news is built into the stock now.
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BUY
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BUY
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BUY ON WEAKNESS
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HOLD
Supplies calcined coke to the aluminum industry. Aluminum industry is favourable. Expects price increases in '05 and will be able to push those through to Alcoa and Alcan.
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