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

To: Mr. Aloha who wrote (42239)	6/11/2007 1:44:33 PM
From: jackjc	Respond to of 78424

Thanks for those metals reports. They are even more favorable than last series, especially for Zn. They actually show over 4 times as much tonnage being shut down than new mines will bring on. Only the expansion of existing producers is offsetting that, and that expansion levels off during that time. One report expects only 50% of the planned new production to come online, the other report only expects 25%. Zn mines are smaller than Cu, fewer in the planning stage, and being smaller they run out faster than Cu. And report states the majors are in no hurry to spoil the party by rushing what they do have into production. I note Mehdiabad (sp) huge mine projection prev, is now projected very small and delayed way off.