Griffin - zinc and gold producer

- cheap workforce
- no 'empowerment' stuff like SA
-3 years tax free mining
- full profits accrue to GFM for ist 3 years of mining
year 4 tax only 18% already agreed
- there is gold, cores and samples have been take earlier, how much is the question
- local zinc prices 10-20% higher than world market price
- China wants to attract Western knowhow, not dissuade it.
- mine zinc output will increase 50% in 2006 ( not in price ?)
this mine is in ZOne III but there are more zones to expand into , a larger resource to be revealed no doubt
- zinc price strong and staying so
- gold not in the price, expectation of a lot of gold is not very high in any case,
so good results would stimulate the sp.
However stock price has doubled in a year, 100p not guaranteed.
not for widows or orphans.
H.