Griffin - zinc and gold producer

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VIXEN - Sun, 25 Dec 05 :

Hi Marvelman. GFM has had such a good run but you ask why am I still so bullish about it?

Simply :

1) zinc production to double 2006
2) zinc price to continue rising due to tight supply and rising demand
3) The company believes it will be a bigger gold mine than zinc in the long run
4) prospects for takeover from a bigger company as a lead into China
5) With $15 mil already in the bank before production and increasing at a rate of knots, further mining prospects are being sought.

In the long run maybe 5 -7 years? I could see if still independent and not floated anything off, GFM can develop into a major company and come off the AIM market with a market cap of £500mil.


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