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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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To: WalterWhite who wrote (3203)3/31/2009 3:45:10 PM
From: Jirobe1 Recommendation   of 3270
 
This news suggests to me they are not forecasting materially higher prices anytime soon.

I agree. That's probably true.

I also believe that this mine is approaching to the end of mine life which is scheduled to close in 2011 and they need zinc price to go up as their ore grade is going down to maintain their profitability.

Modest gain in zinc price may not help them.
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