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

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To: Stephen O who wrote (594)1/16/1999 10:10:00 PM
From: John Sladek  Read Replies (1) of 962
 
Stephen,

FWIW, I agree that with the tightening of inventories and everyone and his brother apparently assuming that Zinc price is going to continue to move down that any significant increase in demand will put upward pressure on the price - possibly a big move if there is a big short position that has to be covered. I doubt that it will be as big a move as when the Chinese were short.

Will you be there when it turns.
I have been adding to my position in BWR recently. Hopefully Zinc will make a good upward move within the next year or two. If it does move I'll play it differently from last time and remember to sell!

Regards,
John Sladek
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