Bruce Hartman Norcast Income Fund NCF.UN-T BUY Sep 09, 2005

Makes steel balls and liners for ore crushers for mining companies. They have the technical ability to go to every mine site, examine the type of ore they have to crush and design the proper liner and balls. Not a lot of competition.

Bruce Hartman

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$10.200

Stock price when the opinion was issued

misc industrial products

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WEAK BUY

A very small cap. Even though their business has performed “OK”, it is doomed to being an orphan with very light volume and not well followed.

BUY

Has moved back to “private market” value and are susceptible to be taken out again.

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Bruce Hartman Norcast Income Fund NCF.UN-T BUY Sep 09, 2005

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Norcast Income Fund(NCF.UN-T)

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