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

Quality company. Good management. Gas is easing off, so there will be an opportunity to buy at a lower price. Management denies it, but it will probably become an income trust down the road.

Trading at a discount of 35/40% what they think its worth. Beat the earnings estimates.

Charts indicates it has turned the corner. Good dividend. The sector has 15/25% upside.

Dividend should be safe. Not sure there will be any growth.

Highest priced metal stock. Good dividend at 6%.

Not sure why there is any trading.

6% dividend. Metals group is acting poorly. A lot of debt.

Would buy at $34/35 and hold long term.

Top Short

Margins are pretty good. Reasonable dividend. At full value now.

Has had a number of problems, competition, low metal prices and a union strike in Quebec. Pays a high dividend, but could be cut. Dead money.

A lot of natural gas. A phenominal buy at this price. Lots of upside.

Shareholders will eventually lose.

Rally is based on hedge funds covering their shorts.

Due for a run up. Would prefer Teck Cominco.