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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by zaphod77on Jan 30, 2015 1:22pm
234 Views
Post# 23382376

RE:RE:Salman: "we will not have any zinc shortages until 2019."

RE:RE:Salman: "we will not have any zinc shortages until 2019."Well this confirms that this Salman guy is an idiot. The calculations are actually right, but the numbers must be wrong.

Their max mill throughput is 1700 tpd: https://www.yukonzinc.com/en/operations_index.cfm

Their Zn grade is about 10%: https://miningyukon.com/Documents/Why%20Yukon/Mineral%20Property%20Profiles/Wolverine%20Property.pdf

So, (at 100% recovery, 100% availability... which is ridiculous), their max zinc production per year is:

1700 * 365 * 0.1 = 62,050 t Zn

Worldwide Zn production for 2013 was 13,190,000 t Zn source: https://www.ilzsg.org/static/statistics.aspx?from=1

62,050 / 13,190,000 ~= 0.0047 or .47% of world Zn production.

Not even close to what Salman is saying. I wish these analysts would give sources when they spout out this jibberish. I bet Wolverine had a bunch of con stockpiled then sold it all in a quarter and he used that as their production number

Bullboard Posts