RE:Silver Bull's 43-101 2 billion lb Zinc resource Yah it's quite amazing when you look at how low the inventories have gone over the years. The low supply has put a rocket under the zinc prices. But looking at the sp you wouldn't think so. With the name silver bull your probably right the silver prices will probably have to surpass $20 before this one can really spread it's wings. However that can change with more stellar results. Great days ahead
basserdan wrote: Fwiw, being that SVBL reports a 43-101 total in excess of 2.2 billion lbs of zinc in situ, there's very little doubt in my mind that Silver Bull's recent price improvement is partly fueled by the strength in the zinc market.
SVBL should become a real screamer when(ever) Silver makes it's move into the $20's!
Zinc January 02, 11:59 Bid/Ask 1.5178 - 1.5182 Change
+0.0144 +0.96% Low/High 1.4916 - 1.5223
5 year price chart 5 year Zinc Warehouse levels (LME) Dan