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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: zinc-man who wrote (23072)10/28/2003 4:36:34 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
zm:

Thanks. I actually sold more than half my EZM, but my average cost was down to $0.15 after years of averaging down! :^( -- and I got $0.29 for them.

So now I'm left with some freebies. I remember EZM being over $1.00, and I think if zinc continues it's run it could get to at least $0.60 again. A lot depends on their financial situation, but they're sitting on a fully-developed mine in Aljustrel, complete with modern mill, etc. Now that Portugal is part of the ECU, EZM may qualify for some ECU subsidy to help bring things back on line. I know that the ECU has been putting a lot of money into Portugal over the last few years.

Best regards,
Howy