Updates

Griffin Mining - Eps forecasts downgraded

June 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.

Shares in Griffin Mining inched towards their high after revealing excellent full year results. For the year ended 31 December, pretax profit increased from US$0.3m to US$29.5m on turnover which soared from US$6.1m to US$42.8m, while there was also a maiden dividend of 3 cents. This strong performance reflects the ramp up in production at its zinc mine at Caijiaying in Northern China as well as soaring zinc prices. The exciting thing about Griffin is that production is set to increase further from the current level of just over 400,000 tonnes of ore per annum to over 500,000 by the year end, before rising again to 750,000 next year as planned upgrades to the mine kick in. These increases should be well underpinned by its resource ...

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Carter & Carter

Lok 'n' Store - Shares hit new high

Griffin Mining - Zinc sales halted in response to falling prices (January 2008)

Griffin Mining (November 2007)

Griffin Mining (September 2007)

Griffin Mining - Zinc production set to soar (February 2007)

Griffin Mining - Poised to step increase zinc production (July 2006)

Griffin Mining - Broker's price target is 85p (April 2006)

Griffin Mining - Zinc miner on cusp of step increase in production as prices hit new highs (February 2006)

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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