Replies to post #6069 on Value Microcaps Motherboard

[Bobwins]

tubberclare is right about the two mines. I missed that in my DD. However Myra Falls does represent significant production. They just started producing in q3 so 9 month stats can't be used. Myra Falls produced about 1/5 of q3 production. Bobwins

[cliffvb]

BWLRF- mine closures- Last September, Breakwater put out the following estimates of production which takes into account the two mine closures this year and adding the Myrna Falls production (in millionlbs of Zinc):
2003A 365
2004E 403
2005E 360
2006E 404

IMO, a 10%drop in production this year and then back up to 2004 levels next year should not have a substantial effect on profit outlook.