Tony Lesiak
Tony Lesiak
copper earnings expect higher improve price
We expect earnings to improve sequentially in 2006 predicated on higher copper and zinc price realizations.
believe oil pricing sector shifting similar
Similar to the oil sector in 2003-2004, we believe long-term pricing or sustainability assumptions may be shifting in the metals.
closing earlier martin might mine modest san year
May be the San Martin mine might be closing a year earlier than expected. It's a modest negative.
despite higher lake potential price purchase red reflect revised synergy target
We have revised our target price from $27 US to $28.50 US to reflect significantly higher synergy and exploration potential at Red Lake despite the higher purchase price.