Acadian Mining Corporation ADAIF

RE: Rainbow

[retep6]

That's right, pilk.  I had no interest in this company when it was just a gold exploration company, and bought it based on the economics of the zinc alone.  Like Campine, I don't like to pay too much for "hope", which is what buying exploration plays really is.  The zinc & lead production is why this stock doesn't trade at 25 cents, like it did when it was purely a gold explorer.

I fear my last couple posts sound negative, which is not my intention. I'm still very long this company, and am optimistic about the future.  I'm expecting the price of zinc to rebound to the $1.50 range in the coming year, and I really don't think the US dollar can fall forever, so we're apt to get some respite in the exchange rate as well.

GL all.