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

Doesn’t see a lot more upside.

Metal prices are not bad. Have reduced their debt. An inflation hedge. Good long-term hold.

Earnings growth has disappointed.

Good management. Stock was overlooked by the market. Gas weighted.

This is a new entry into the trust sector so is still watching it to see how it will do. So far, it's been quite good.

Cut their dividend and did some refinancing with Brascan, which was not needed.Dividend is now safe and expects that metals will go up.

Has probably got the hottest drilling hand in the patch.Strong growing production.A lot of good potential exploration in front of them.

They have recently more than doubled their capital expenditure program.Its a turnaround situation, so may take some time.Has a good chance to do really well.

They had to cut their dividend, because they were nowhere close to earning it.Metal prices are strong and likely to get stronger.The new equity issue has strengthened the balance sheet.

The company is making headway in continuing to reduce costs and improve margins. They are seeing more competition in the Canadian market.Thinks the stock can move significantly higher.

Yield looks attractive, but it has certain restructuring efforts ahead of it.Prefers to deal in pure plays, rather than diversified metals.Would prefer Alcan or Inco.

Has a great track record.Good balance sheet.Not positive that over the next few years there will be much growth in auto sales.Lukewarm on the sector.

A little too skewed to oil for his liking.A decent company.

Have a lot of property along the route of the Mackenzie delta pipeline.However, this could take a long time.If you're buying, do it based on their core business.