GREY:ADAIF - Post by User
Post by
YeOldGoldNuggeton Sep 06, 2009 7:41pm
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Post# 16283365
Gays River mine - Price of lead/Zinc
Gays River mine - Price of lead/ZincHi,
Looks like we've already reached the target price of lead. Lead is now at 1.043$
Acadian Mining was looking at a price higher as 0.95.
https://www.kitcometals.com/charts/lead_historical_large.html
US$ 1.043 /lb
Zinc is up 0.05 from last time I checked and rests now at 0.8536$.
https://www.kitcometals.com/charts/zinc_historical_large.html
US$ 0.8536
If Zinc reaches 0.95 and lead stays above 0.95 for over a month then we might see Acadian mining reopening their mine.
But thats for longer term, maybe in a couple of months. Right now they are focusing on their gold projects and lets hope they release something real soon.