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Firestone Ventures Inc V.FV.H

Alternate Symbol(s):  FSVEF

Firestone Ventures Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the identification, evaluation, acquisition, and exploration of mineral property interests with a focus on precious and base metals. The Company has not generated any revenue.


TSXV:FV.H - Post by User

Bullboard Posts
Post by JGavinon Jun 14, 2009 7:46am
344 Views
Post# 16068969

Zinc Prices

Zinc PricesZinc is now up 3 cents to 75 cents per pound. This add 13 million dollars to the assets in the ground. Strong resistance at 78-81 cents per pound.If we get through resistance here we have clear sailing until 1.38-145 per pound. I know the plan has always been to define an asset base of 6-8 million tons to make this a significant find and possibly attract the majors.This would be resources of 1.5 -2 billion pounds of zinc equivalent. Having hiked extensively around the Torlon area and up into Chiapas I can tell you the new claims open up vasrt unexplored areas that have not been investigated with modern mining techniques. This area is very similar to Torlon with Galena and Zinc exposed on the ground. Hopefully the stock price will rebound allowing further raising of funds without too much dilution. Then we can continue developing this resource.
Bullboard Posts