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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (22067)10/9/2003 4:33:17 PM
From: TrueScouse  Respond to of 39344
 
jr:

You're right. WTZ has all 4 metals, but in particular the deposit becomes more than economic if zinc goes to $0.45/lb. And the experts are now saying it's going to $1,000/tonne in 2004...

Message 19386888

Can't remember if there's 2,000 or 2,200 lbs in a tonne, but either way it's at least $0.45/lb! I presume today's strength in WTC is due to this.

Regards,
Howy