RE:RE:RE:RE:RE:Zinc Price 10 years high
We have risen about 15% from early Dec but I believe it will take some good company specific news to push us past $2.50. Copper and zinc have been on a tear as most other base metal miners. They are due for a bit of a pull back or consolidation pretty soon. Lets see hoe NSU acts when this inevitably happens. Sad to see Bisha still has us in the dark. I think maybe during the ongoing negotiations with Enamco they have been forced or agreed to withhold any drill results from the many new high priority targets they have or are currently drilling. Kukielski apparently did not like what he saw in Eritrea and decided to start from scratch by cutting and high grading the mine life and negotiating with Enamco for better incentives. One thing is for sure. The M and I ore and the new targets that were left out of the 4 year plan are likely worth much more (especially at current prices) than the latest shorter mine plan diclosed last year. Again patience is required...but the Bisha upcoming update could givs us a much needed boost especially if some new discoverires are announced...