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OriginalFred

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OriginalFred

Re: Doug Hauser post# 36

Tuesday, 11/14/2006 10:02:42 PM

Tuesday, November 14, 2006 10:02:42 PM

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Even with lying management, this stock is definitely a buy in this price range. The price of nickel remains high, and management said they will increase throughput in Q4 (if we can believe them this time).

The losses on the copper hedge should finally moderate, and the company has 700k pounds of unsold nickel in inventory from the last 2 quarters.

The main down side is that the winding down of the gold mines should be costly.

I will not attempt to guess at earnings, but they should be strong in Q4.
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