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JustForFun7

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JustForFun7

Re: researcher59 post# 6256

Monday, 03/07/2005 11:44:41 PM

Monday, March 07, 2005 11:44:41 PM

Post# of 173772
Researcher : Breakwater

Good recap of the situation. I think as long as the price of zinc continues up (or even holds steady) shareholders will do well. But the question is, is there another zinc producer with which they could do better?

What did you think of the carry over (22 million)? At first I thought this was the reason they had lost money in the fourth qtr (delayed recognition of revenues and earnings) but on second thought this may not be the case. Did they not have a carry over from last quarter as well? This could be the ore that they need to sit on until they can mix it into the right blend to make it more profitable (part of the mine plan to make Myrna Falls profitable).

Have fun!

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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