RE: Trading less than cash valueSept 2004 Zinc was 45 cents a lb. Copper 1.39. Ontario Zinc paid Anglo-American 325 million for Hudson's Bay Mining and Smelting, now Hudbay Minerals. The mine wasn't making much money then but was still operating. I doubt very much they will close their entire operation. It has operated for 80 years through ups and downs lower than this one. I lived in MB for 25 years and have been to Flin Flon many times. The mine didn't close when prices were much lower than now.
John.