Morning News Alert from TD WaterhouseMicro-cap companies, such as OML, seldom get mentioned in the these news alerts, but here is what TD had to say this morning about the company:
"Omni-Lite Industries Canada Inc. has received its first production order from a tier-1 military customer for parts related to the U.S. Military’s lead-free initiative. Raymond James Ltd. analyst Steve Hansen called this an “important milestone” for the specialized metal producer, expecting further orders to come from the U.S. at a time when its other divisions is also seeing a pick-up in sales.
Upside: Mr. Hansen maintained a “strong buy” rating and price target of $3."
Sounds good to me!
-K