Sandy McIntyre Norcast Income Fund NCF.UN-T BUY Dec 16, 2005

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

Sandy McIntyre

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$8.400

Stock price when the opinion was issued

misc industrial products

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BUY

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.

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.

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Sandy McIntyre Norcast Income Fund NCF.UN-T BUY Dec 16, 2005

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Norcast Income Fund(NCF.UN-T)

Norcast Income Fund(NCF.UN-T)

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