Breakwater Resources (T.BWR) Message Board

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

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To: Wayne Finucan who wrote (619)	5/2/1999 11:48:00 AM
From: Stephen O	Read Replies (2) of 962

The bought deal was greatly oversubscribed. Zinc has hit an 8 month high, BWR hit $2.25 on Friday 30th April. And it is only you and I on this thread. BTW I just read a Nesbitt Burns update on BWR after the financing . reading between the lines I would say their analyst is warming to the stock but he still prefers Cominco. Using his numbers BWR has 5 times the leverage to Zinc price increases compared to Cominco. For every 1c per lb increase, every $1000 invested in BWR, BWR @ $1.85, will earn an extra $27, for Cominco, CLT @ $24 Cdn, the number is just $5.

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