V.LTH Message Board - Msg: 24723784

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : V.LTH

LTH 27.54

+5.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: james flannigan	7/2/2008 10:14:47 AM
	of 874

Due to depressed zinc prices most investors have missed the importance of the last hole from the LTH NR. Not only did that hole confirm that it is now likely that LTH will increase the over all grade of Crypto zinc under the 43-101 calculation,but the intercept in that hole also confirms a very very very high grade moly ore body. With the deposit now giving intercepts of Indium and now high grade moly,the market in my view has made a big mistake in the pricing of the over sold shares of LTH. I can tell investors that the world mining companies can not sell zinc for less than the cost of production as the CEO of Teck Corp stated a few weeks ago The situation in zinc is now similar to the gold market when gold traded below mine production costs of $300 down to a spot price of $250 a few years ago.The gold price roared to near $1000 per oz as mine supply did not keep up with demand due to exploration budgets slashed during a time of low prices. LTH now finds its self in the same situation in terms of its zinc.But investors who now look at this play as a zinc only story are short changing them selves.LTH is proving that not only has Crypto got very high grade zinc in the historic drilling,but that was likely underestimated in over all grade and size of Crypto,and now the deposit is no longer a zinc only story. Conclusion: Investors who were buying depressed gold companies like Arizonia Star for pennies during the jr gold sell off,and held those shares until the gold market recovered sold those same shares for $11. LTH will soar and in fact zinc maybe at new highs when the market turns for that metal due to shortage brought on by low price. So LTH has two kicks at the can,(first)zinc ,moly,indium,silver,copper all present in Crypto. (second) a deposit that may add $ billions more in value thanks to that high grade moly. James

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next