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NDAQ:GAI - Post by User

Comment by Stingray2000on Mar 24, 2008 1:16am
316 Views
Post# 14762208

Times and PRICE have changed since...

Times and PRICE have changed since...Dont forget 15 years ago there wasnt the demand or the price for Zinc. Zinc prices today are slightly more than double from 92-93... https://minerals.usgs.gov/minerals/pubs/commodity/zinc/720798.pdf so I would anticipate a richer deposit not only based on price but hopefully given an even more clearly defined resource. that will exceed a $500,000,000 just based on Falconbridge's estimated resource. hmmm $500M/67M outstanding = $7.46/share...I will be very happy with a 2-3bucks by year end.
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