re:bounce, page-17

Bought in over the last couple of weeks
Been reading the Hot copper posts as well as my own research.

I really can't see the price staying at 14 cents for too long.(wishful thinking maybe)

April 24th is the quarerly report.

I think if the price doesn't bounce before then it will after.

I expect the bounce will only reach 22 cents before dropping back a bit.

I base my findings on copper lead and zinc prices for the first 3 months of this year and the sale of Lounge Lizard

Selling stock piles and putting mines under care and Mainentance.This should negate the cost of redundancies and shortening of some contracts.

I really think prices will have to improve to show a profit for the half year and I don't think prices will increase much.

So in 6 months the selling of Admiral bay will be the next step.

The only hope really is the metal price improving within the next 12 months.

I don't think that is going to happen.

I feel sorry for long time holders.