ATNA ( v.atn t.atn) Message Board

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 : ATNA ( v.atn t.atn)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Carl Ross who wrote (53)	12/2/1996 9:33:00 AM
From: Richard Humphrey	of 509

Carl: Thanks for your input. VERY INFORMATIVE! I read in the Financial Post on the weekend(Nov30th), that Westmin has or is reducing there production at Myra Falls, Vancouver Island since Zinc's spot metal price is $0.47 US per lb..This is from the London Metal Exchange. The outlook for Zinc prices looks gloomy. I don't mean to scare anybody, but does not look like ATNA Resources will be bought out any time soon. The article indicated a fall in global inventories, yet the price for zinc remains weak. Is the demand as great as it used to be? Zinc is used in the production of galvinized STEEL. For the high cost producers, Zinc has to be above the $0.50/lb mark for them to remain profitable. Is Westmin a High Cost Producer? Most global zinc producers are reducing/suspending production. Hopefully Supply and Demand fundamentals will come back into equillibrium soon. This will HELP give a significant boost in ATNA's share price and may fuel the next wave of buying on the pretense of a takeover. Thoughts Anybody???

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next