SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: koan7/7/2007 8:15:52 PM
   of 78419
 
BWR-posted this on SH.

BWR now has 4 producing mines. Mostly zinc (they are 10,11 or 12th) largest producer of zinc in the world. They may move up with Langlois now in production. They also produce a lot of gold/silver/copper and lead.
Now they send this concentrate around the world to many different smeltors. I think at some smeltors, some concentrate gets sent again to some other smeltor for further refining of one metal or another.

I also think there is about a 3 month lag between sending the ore and getting the money when it is refined. So BWR has huge amounts of money incoming from smeltors around the world for ore sent months ago and is ongoing.

BWR's profit margine is huge, and with these huge metals prices they are able to mill almost anything that has ore in it regardless of grade, so BWR can now mill all of its low grade ore (a lot fo it set aside during leaner times) and save a lot of its high grade ore.

With Langlois that 100 million in the bank will increase quickly.

It was the huge cash flow that catapulted HBM and it is the huge cash flow which will catapult BWR.


NewsBlast Sign-Up
StockHouse NewsBlast: Receive company sponsored news and information via email.





« Previous Message
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext