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Bobwins

08/02/07 12:54 AM

#4018 RE: cliffvb #4017

cliffvb, this is a world class mine. BMC only owns 25% but the grade and tonnage is high enough to provide excellent cashflow to BMC just from that minority ownership. As I mentioned earlier, they have minimal expenses compared to the revenue stream and their SG&A expenses don't have to rise, no matter how many new sections they open in the mine.

Bobwins