BWLRF showing good life today as it should with zinc prices flirting with record highs. I'm looking for very strong #s next quarter as this miner has no hedges in zinc or copper. I think it could earn 10c next Q and I also see the analysts have recently raised their forecasts as well to an avg of 8c. Best part is that high zinc prices will likely continue to be with us for a long time as demand is expected to exceed supply for the next couple of years and inventories continue to shrink.
Here is why I think 10c could happen which works out to a PE of 3.5:
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