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

Takeover target. Had been for sale, but no takers. Not a favourite.

Trying to make an acquisition which is before the courts. If it goes through, they'll have a lot of debt. Still likes.

Has a good play in N.W. Territories. Could be a big find.

Fuel/labour costs high. Stock will probably go down.

In trouble. Too much debt. Risky.

A good safe, defensive play. Good dividends.

A good sector right now and Noranda has a good mix. Good dividend.

Still settling out. Some competition coming in.

Prefers Westjet which has better fundamentals.

Poised well for a recovery if economy takes off and fuel costs drop.

Has to raise cash. Losing out to competition. Good backing.

High oil costs and dissatisfied customers.

Aeroplan division could be spun out for one billion.

Situation is turning around. Good time to buy.

Good reserves in South America.