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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Ray Hughes who wrote (1609)	1/28/1999 2:18:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 8010

<<Zinc has the best fundamental outlook of all the base metals.>> Ray...I totally agree with that statement and one of my favorite play has a lot of zinc. <<Why? Not enough zinc smelter capacity to supply demand. And, only about 250,000 metric tonnes of added smelter capacity is to be added. >> And this is my worry about APEX as a zinc/silver play. Although there is new smelter capacity coming on line now (much more than 250,000 mt..as Savage alone will add 200,000 mt.), it might not be enough for the concentrate that may come out of the market if zinc prices get back to $0.55. <<Best of all worlds will be to have a zinc-rich silver mine.>> I would add the word "operating" in this statement. CC