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

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To: Gord Bolton who wrote (13)1/30/1999 6:20:00 PM
From: Claude Cormier  Read Replies (1) of 3270
 
<<7,339,400 tons of 5.19% zinc, 124.4 grams of silver>>

Hum! Not sure they will be profitable thse days with that kind of grade.. Need higher prices IMO. Quite a few have similar resources and can barely break out. OTOH, when silver double in price, they will do great.

I much prefer Reunion with its Skorpio deposit of 19M tons of 10% zinc or SouthWestern Gold with Accha already at 9M tons 9% zinc. These two will likely produce zinc for below $0.25 pound.
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