Breakwater Resources (T.BWR) Message Board

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Gold/Mining/Energy : Breakwater Resources (T.BWR)

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To: Roderick Francey who wrote (466)	7/16/1998 9:41:00 PM
From: Mark Lines	Read Replies (1) of 962

Hi Rory, I for one am hanging in with about 20,000 shares. I can only remember one day in the last month or so where LME inventories actually increased. Naturally, the drawing down of inventories cannot go on forever without the zinc price moving up. Hopefully the last few days is a sign of things to come. I, like you, feel a bit starved for information. I would appreciate hearing from some of the other folks out there. Hey Jack, what's on your mind these days? Any plans to buy back in? You timed the last drop rather well. This info on Midland Walwyn's reduction in earnings estimates. No surprise really, with the low zinc prices in the last few months: MIDLAND WALWYN decreased estimate for fiscal year ending 12/98 from $0.24 to $0.06 on 06/08/98 MIDLAND WALWYN decreased estimate for fiscal year ending 12/99 from $0.37 to $0.16 on 06/08/98

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