Breakwater Resources Ltd. (USA) (NASDAQOTH:BWLRF.PK)

Uh. Just a gut feeling.

Pulled the trigger on this one today as a penny stock play, not expecting much out of a 100 shares, but who knows. PE ratio is low, and im already into mining stocks so I understand the price drops in precious metals, once prices return to normal on the nest upswing, this will get good.

caps thinks this is my kind of stock

great price to get in at...low PE ratio if it can continue to ship concentrates

Buying this based on their current trading pattern and fundamentals.

recent haircut on convertable offering renders this low flier very attractive.

Have done weel to date eith these canadian mining shares, this gem has hopefully will continue the trend

Buy and hold tight!

Mineral play -

I'm a big time supporter of mining stocks. The stock has posted at 100% return over the past year and you can expect this to keep climbing as they just opened their fourth mine and output is already on ahead of expectations. The company can't attribute their constant rise of value to anything according to publicly released letters, but compared to other companies you can expect their stock to rise in value for a while.

This is an excellent pick. I picked this up a month or two ago, and it's returned 40+% so far. This company is highly leveraged against the price of zinc. Zinc reserves have been depleted over the past few years to an all time low, while zinc prices have remained relatively stagnant. In addition, production capacity is growing with the langlois operation. A lot of potential here.

Chased this stock for a week...should have had it at $2.70 Brought in at $3.20

trend in metals

Big risk on even my part, but its in a growth sector with a low p.e. and I'm feeling optimistic now, so why not?

Breakwater is a Canadian zinc, copper, lead, and silver producer (mostly zinc). Currently trades at a trailing PE of around 6 with a forward PE of about 4.5. Compare that to the world's largest zinc producer Korea Zinc which carries a trailing PE of about 25. Breakwater also has about 90 million worth of cash and virtually no debt.

Zinc is used to galvanize steel, making it resistant to corrosion. With current international zinc reserves near historic lows (about 3 weeks worth of current global demand) and the ever-increasing demand from China and India, expect zinc prices to remain strong for years to come.

Solid.

I have zinc on my dinc.

With acquirement of break water there is some promise. Let there be GOLD!