OT bwlrf.ob I sold out of Breakwater last week. They have one mine that closed in q1 that contributed to the profit. They have another mine that is closing q3. They have some ability to ramp up another mine but the production won't be totally replaced. Their latest acquisition, Myra Falls, is a high cost facility, which is marginally profitable. The two mines that are done this year were low cost mines.
The outlook for zinc is good this year. I think it will outperform copper. However I was not sure that bwlrf.ob could overcome the two mines closing and still improve financials.
Sorry for those that listened to my previous table pounding on this stock. I goofed in assuming that the increases in the commodity would flow thru. Even with rising commodity prices, this is a tough business. Bobwins
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE