Breakwater Resources (T.BWR) Message Board

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

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To: tbknight who wrote (509)	8/12/1998 8:33:00 PM
From: Larry Rutherford	Read Replies (1) of 962

Does anyone wish to comment on the following? 1. Is closing the El Toqui mine on Sept 7 for 3 months a positive for the bottom line. They are now producing for .55 /lb and zinc trades for .45. This should save them money. 2. Is suspending operations at Caribou for August another saving for them and will it also improve 3 q results? 3. The average monthly price for zinc thus far in Aug is about the same as it was in Feb. when BWR was over $3.00. (about .47) What gives? 4. Will the institutions get back on board at these prices? At $1.30 this stock is priced as a speculative play when in fact it has 5 producing mines. 5. How low can the share price go? It can't go to zero. 6. Is Giraffe or Stephen O still out there? What does the tall spotted one see in his charts for BWR? Thanks Larry Rutherford

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