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kipp440

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kipp440

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Re: kipp440 post# 9072

Wednesday, 04/30/2008 8:29:39 AM

Wednesday, April 30, 2008 8:29:39 AM

Post# of 35747
CS.TO - unrealized loss on derivative instrument of $12.4 million (a non-cash item) related to our forward copper sales and before current and future income taxes of $2.8 million.
Earnings after the above were $0.5 million or $0.01 per share.

Can someone explain this accounting treatment?

Kipp


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