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

Business travel is down.

At a low now. Good company and will be a survivor.

Buy at $7/8 range. Use as a trading stock.

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.