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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (161426)5/29/2009 12:39:54 PM
From: ogi  Read Replies (1) | Respond to of 314137
 
Zaz huh? it is moving put some Pizza with that and you've got something!

Pizzaz



To: Rocket Red who wrote (161426)5/29/2009 11:49:08 PM
From: E. Charters  Read Replies (2) | Respond to of 314137
 
They still recycling the Lik?

I took a look at that in 1998 I think. And again in 2005. It was in some company, Houston O&M.

The trouble with the Lik is it is on a road past the Red Dog, Teck's access road. You have to market your con to Teck or probably they can refuse road access. Sort of water's it down. It also has a 38 million dollar buy out to Teck. Money needed spent in 5 years is major too.

They have to find a lot of luck and good zinc prices to get it going. Big money backing too.

Creditable grades, open pit, lots of tons. Camp is intact. Probably could add some tons to it too.

EC<:-}