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

To: Stephen O who wrote (463)	7/11/1998 10:42:00 PM
From: Mark Lines	Read Replies (1) \| Respond to of 962

Thanks for the articles Stephen. I have been anxiously watching this thread for updates, but it has grown alarmingly quite recently. I was wondering whether everyone has cashed in their chips and moved on to other pastures. I am long BWR. The inventories can't go down forever without the zinc price going up. I guess the question is whether an equilibrium level of inventories should be lower due to weaker demand, say 250,000 before the price of zinc rises? I have noticed that the rate of reduction in the inventory levels is accelerating.