LME Zinc Stocks & General CommentsLME Zinc stocks are slowly creeping lower and are currently within 10% of their low of last December.
Please be careful in listening to the remarks some are making regarding how theoretical market caps or "values" of stock should be computed. The "In Situ" resources are just exactly that--they are not diluted for actual mineable ore, or for the usual dilution (that's unrecoverable metals) that occur during processing. They are resources because there is no feasibility study that "proves" them profitable.
As besides, unless there is a new environmentally benign way of mining that makes the little atoms march to the surface and refine themselves of their own free will and volition, shouldn't mining, refining, admin, etc. and capital costs be considered? And fully diluted shares might be a consideration as well.