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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (487)7/22/2003 5:31:18 PM
From: John Sladek  Read Replies (2) | Respond to of 3270
 
Stephen, Come on you - there's more than two people interested in Zn - there's three!

I have TEK.B and BWR, which have both been moving.

TEK is up 20% off its recent lows.

stockta.com

BWR is up about 50% off its recent lows. BWR has a weak balance sheet and high leverage to price of Zn. Recently, they improved their balance sheet by selling some Au exploration properties for $10MMUS. With the POZ over $800/US they should be able to continue as a going concern. Recent reserve additions at some of their mines also improves the long term picture.

stockta.com

Obviously BWR is much riskier than TEK.B, although it could have a much higher upside.

What are your favorite Zn plays?

Regards,
John Sladek