RE:Comments on zincRemember, Teck has drilled one hole last year! What are they doing today? Nothing I suspect. What percentage ownership they have? My guess is small as it is not mentioned on Sedar.
Perhaps you could provide some details?
ilikezn wrote: Akie has about 5 billion pounds of zinc. Some major is going to want to own it....maybe Teck (already a shareholder of CZX)
Just read these comments from Teck :
In support of the market dynamics, the world's largest net zinc miner, Teck Resources, recently released their observations about the global zinc market with a number of significant conclusions including:
- Mine production growth for zinc is insufficient to meet the consumption demand (projection to 2020);
- Spot treatment charges for zinc concentrates continue to be at historical lows;
- A projection of at least 4.3Mtpa of additional zinc production is required to satisfy demand to 2025 and the most likely, but still uncommitted projects, are insufficient to meet this;
- The speculated price induced reaction of increased Chinese mine zinc production has not occurred with production down 6% year to date;
- Zinc metal inventories approaching historical lows;
- Zinc used in Giga Steel, zinc thermal spray, continuous galvanised rebar and zinc micro-nutrient fertiliser are providing an expanded consumption base.