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Gold/Mining/Energy : Breakwater Resources (T.BWR) -- Ignore unavailable to you. Want to Upgrade?

To: John Sladek who wrote (807)	5/12/2000 10:01:00 AM
From: Stephen O	Read Replies (2) \| Respond to of 962

The LME inventories have hit a new low today of 247,000 tonnes. The price is up on LME by $23 a tonne, over 1c a lb. to $1181 a tonne, that's 53.5c /lb. The company is executing superbly, growing production, controlling it's balance sheet, expanding reserves, picking up more mines and potential mines. We have here a growth story in the old economy that's growing as fast as many of the high tech companies but whose share price implies that it's in a dying industry.