Easy Technologies Inc EMYSF

RE: Q1 earnings will be severly hit by the

[jimitwist]

Sorry, I was wrong. Here is the clip from the news release jimi Subsequent to the end of the quarter, to mitigate future risks, the Company sold forward 2,000 tonnes of copper per month for 2006 at an average price $3,475 per tonne or $1.58 per pound. The Company also purchased put options on an additional 2,000 tonnes of copper per month at a strike price of $3,000 per tonne or $1.36 per pound with full participation if the copper price is above the strike price. Combined, these forward sales and put options represent approximately 50% of the expected 2006 copper production from the Neves-Corvo mine.