Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: heinz44 who wrote (26930)	12/3/2006 11:09:13 PM
From: tyc:>	Read Replies (1) of 78405

I appreciate that your reply to Dak, is taken verbatim from YZC's news report of May 16th (qv) Later in the same release is a chart which confirms the profitability I mentioned. The then "current prices" indicated an IRR after-tax of 29.8% but the futures price IRR was an inadequate 8.1% “Base Case” “ModeratePrices”“ForwardPrices”“Current Prices” (April 28/06) Internal Rate of Return (aft-tax) % 2.5% 12.3% 8.1% 29.8% Today the 27- month zinc futures price is what "Current prices" were then. Do you think this is a significant change ?

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