GREY:ADAIF - Post by User
Post by
retep6on Apr 06, 2009 9:44am
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Post# 15898990
Zinc price
Zinc priceWith zinc above .60, it's now up 25% off it's lows of .48 at the beginning of March. This is a 5 month high for the metal. Seems to me if the price could rise another 25% to .75/lb, and the C$ stays roughly where it is (approx .80 US), that equates to C$.94/lb, a price at which the Scozinc mill would be profitable again...
Always the base metal optimist,
R6