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

To: Tommaso who wrote (29157)4/17/2004 1:55:43 PM
From: Condor  Respond to of 39344
 
If cobalt is that unimportant to the company, I wonder why Yahoo mentions it at all in their profile.

Well, it is a by-product and therefore translates directly to the bottom line and by 03 production and todays prices it translates to $ 55,000,000. So it is still a lot of money. It's just that INCO is so large that it doesn't appear to be significant.

In any event, it appears N is going to have a huge year.

I expect you will do well with it. Good luck.

Cheers

C


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