ZINC The base metal. News and Views. Symbol Zn Message Board

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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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To: Claude Cormier who wrote (111)	2/20/1999 11:06:00 AM
From: jack hampton	Read Replies (2) of 3270

My thoughts on BWR.... Check the cash situation upon release of 98 results. They may need some refinancing to see them through to summer receipts from Nanisivik. 4Q loss is likely in the +$C10M range assuming no Caribou writedown. History does not represent the future though. I think they reopened the Chile operation to get some quick cashflow. I do not see much movement here unless zinc goes forward and bad 98 results are already discounted in the market. Still a CLT fan. I ran the numbers on Red Dog and its a cash cow for the next 30 years.

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