HUDBAY MINERALS (HBM US $8.22; Rating remains at Underweight; Price Target LOWERED from $12/share to $4/share) LOWER LME COPPER PRICE ESTIMATES LOWER ESTIMATED EARNINGS AND CASH FLOW 5/10/2013

HUDBAY MINERALS (HBM US $8.22; Rating remains at Underweight; Price Target
LOWERED from $12/share to $4/share) LOWER LME COPPER PRICE ESTIMATES
LOWER ESTIMATED EARNINGS AND CASH FLOW 5/10/2013