A Comment -- General Comments From an Expert (A Commentary)

Bad results could be a precursor to more bad results. Losing market share in Canada. Price to Book trading at 4 X book which is extreme.

Expect that there will be more problems to come.

Likes the base metals in general but prefers the pure plays. This could drop some more.

A frustrating stock. The continuing lack of performance in Brazil plus also they have problems in Ontario and Québec. Will take time to turn around.

Too small to survive by itself so it is expected that Rogers cable will take them out. A frothy market, so if you've made money, take some out.

Missed on picking it for a recovery. Still somewhat reluctant to go into the name. The balance sheet is now in order and has some cash. Doesn't see them growing their bottom-line significantly.

Has been a perfect performer along with me whole resource sector. Prefers purer plays, such as Alcan. Has some ownership and balance sheet issues.

Risky business. If you own it, continued to hold.

A blue-chip stock. Will probably plod for a while.

Commodity prices are improving. Should perform well in 2004.

Have had some problems, but have now got themselves on solid ground. Hasn't had much exciting in discoveries.

A good company. Has done a lot in pulling its act together. Fully valued.

The short-term charts on metal prices and metal stocks are all ahead of themselves. A good hold for the long-term. Would look for a pullback to $19 before buying more.

A global leader in their sector. Good margins. Good acquisitions. Continuing to grow. Looking for above $2 in earnings.