TSX:TECK.A - Post by User
Post by
idleweisson Dec 11, 2016 1:59pm
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Post# 25582539
Zinc
Zinc
Zinc is trading today at $1.22. Lindsay thinks that zinc could hit $2.50 in the next six months. Let's be conservative and say that it gets to $2.20 - $2.30. That is an increase f 108 cents from today's price. Teck earns 14 million (EBITDA) for every cent increase in the price of zinc. You do the math. Looking good.