GREY:ADAIF - Post by User
Comment by
Pawperon Mar 31, 2008 7:27am
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Post# 14923743
RE: relax- mining is a longterm business
RE: relax- mining is a longterm business
Just a reminder: management has moved with the times and taken advantage of the resource demand. Zn and Pb are down but will always be in demand and RBC forecasted a shortage circa 2012 if I remember correctly.
This initially started out as a gold company and I bought in because I liked their idea of a central processing unit and trucking in from several nearby sources of gold bearing ore for processing. Well, the nimble-footed management saw the advantage to using the mill to process the Zn and Pb ores which came along with the ScoZinc operation. I think the mill was originally intended to be used for processing gold-bearing ores.
For new investors to Acadian Mining--take a look at the following link for some insight:
https://www.gov.ns.ca/legislature/hansard/comm/r/re_2006feb21.htm