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Gold/Mining/Energy : Silver Bull Resources, Inc.

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From: Mr. Aloha5/26/2007 8:45:50 AM
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Here are RBC's quarterly "Revised Base Metal Price Forecasts." Notice that the only metal with a higher than current price predicted for the next 5 years is zinc, which they predict to be just .10/lb cheaper than copper by 2011. Like all the brokerage houses, they keep their long-term prices (beyond the predicted years) very low.

May 24, 2007
Revised Base Metal Price Forecasts (US$/lb)
Current 2007E 2008E 2009E 2010E 2011E Long-Term
Aluminium New $1.27 $1.25 $1.10 $1.10 $0.95 $0.75 $0.75
Previous $1.30 $1.20 $0.95 $0.75 N/ A N/ C
Copper New $3.27 $3.00 $2.80 $2.85 $2.50 $2.00 $1.15
Previous $2.85 $2.70 N/ C $2.70 N/ A N/ C
Nickel New $22.77 $20.00 $16.00 $15.00 $10.00 $6.00 $4.75
Previous $16.00 $14.00 $10.00 $6.00 N/ A N/ C
Zinc New $1.66 $1.80 $1.70 $1.85 $1.90 $1.90 $0.60
Previous $1.85 $1.80 $1.75 N/ C N/ A N/ C
Uranium New $125.00 $120 $145 $130 $115 $100 $35.00
Previous $100 $85 $75 $75 N/ A $25.00

Source: RBC Capital Markets estimates
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