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To: Night Trader who wrote (1407)12/18/2007 9:42:41 AM
From: Mr. Aloha  Read Replies (1) | Respond to of 5637
 
Yes, it's the long term prices that are important, but spot prices affect investor sentiment and short-term stock price action, and can also affect the financing environment for projects and thus the amount of equity dilution that will be required to get to production.

MMG has one of the few projects that should be very profitable at long term sustainable zinc prices, but it still would be helped by a strong spot zinc price next year.


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