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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (16023)7/12/2006 5:50:39 PM
From: tyc:>  Respond to of 78422
 
The main purpose of this posting is to tell the thread about the commodity price charts that can be made at the link below. But allow me to digress a little.

Justifiably, you have described Yukon Zinc as a disappointing fiasco. But would we not be too hasty to write it off ?

YZC's web site says that "using price assumptions as at April 13", the deposit would yield an IRR of (only) 8.1% using forward prices, rising to a respectable 29.8% if then-current prices were used.

Perhaps the deposit therefore represents an option on zinc prices? Just what the economic strike price might be is anyone's guess, but price charts produced by this link make it clear that both current and futures prices are higher now than those of April 13th.

lme.co.uk