Primary Recommendation

Griffin Mining - Zinc production set to soar

February 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Following our second meeting with Roger Goodwin, finance director of Chinese zinc producer Griffin Mining, we are now confident that this AIM-listed mining firm will deliver on its existing prospects in â€™07. Quite simply it possesses all the aces that make up a terrific growth stock and after achieving first production on time and on budget, it is now pressing the accelerator with a major expansion program. An update this month stated that Griffin was on track to more than double current output to 750,000 tonnes of zinc ore by 2008 and this couldnâ€™t have come at a better time, given that the zinc price has quadrupled in the past two years. Reflecting this buoyant outlook, house broker Collins Stewartâ€™s latest forecasts poin ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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