"It's waiting that helps you as an investor, and a lot of people just can't stand to wait. If you didn't get the deferred-gratification gene, you've got to work very hard to overcome that.”
– Charles Munger, American investor, vice chairman of Berkshire Hathaway, and author.
| | | Canadian Target Price Based on CF Multiple |
| Average 2018 Zinc Price | US Projected CF | 5 | 6 | 8 |
| 1.35 | 0.28 | 1.98 | 2.37 | 3.16 |
| 1.4 | 0.31 | 2.15 | 2.57 | 3.43 |
| 1.45 | 0.33 | 2.31 | 2.78 | 3.70 |
| 1.5 | 0.36 | 2.48 | 2.98 | 3.97 |
| 1.55 | 0.38 | 2.65 | 3.18 | 4.24 |
| 1.6 | 0.41 | 2.82 | 3.38 | 4.51 |
| 1.65 | 0.44 | 2.99 | 3.59 | 4.78 |
| 1.7 | 0.46 | 3.16 | 3.79 | 5.05 |
| 1.75 | 0.49 | 3.33 | 3.99 | 5.32 |
| 1.8 | 0.52 | 3.50 | 4.20 | 5.59 |
| | | | | |
| Cad/Us | 1.291 | | | |