BLY
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0.00% $2.91 boart longyear group ltd

earnings currency, page-2

  1. kengaikl
    2,047 Posts.
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    12/11/09
    13:27
    Post #: 5905111
    Yes they do their earings in USD.

    But what is interesting is that the strength in commodities prices are largely due to the weakening dollar. However the rise in prices will definately spur captial expendeture in the junior miners. This will add upward pressure on earnings.

    The potential upside to earings will definately out strip any downside the USD has.
    BLY Price at posting: $3.05 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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