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Gold/Mining/Energy : Copper - analysis

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To: Stephen O who wrote (954)10/16/2004 2:40:51 AM
From: buster mccuster   of 2131
 
I have a small investment in EZM. I met the president of the company, Alvin Jackson, on the plane to Toronto last March. A very nice fellow, and needless to say very optimistic about the future of the company. Since then, EZM completed the purchase of the mine and is enjoying good cash flow. I believe the profit from the mine is about $8 million per month. As you say, there are lots of shares out, and debt to be repaid. My impression is that this good cash flow will eventually turn into overall profit. I will check out First Quantum.

Another exploration company I own is Coronation Minerals (MSA). They have a promising property up north. Stock performed well last year, but in the toilet this year. May be of interest to some.
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