RE:TD Securities - Zinc Market Moving from Tight to TighterThat certainly is bullish report on zinc by TD Securities - at those forecasted prices on zinc -- CZX has over Cndn $10 Billion of zinc in situ / in the ground value. Incredible. At very significant tonnage (over 30 million tonnes) and at very good grades.
World class deposit. Trading at a price that is a great opportunity.
CZX:
5% zinc cut-off grade | Contained metal: |
Category | Tonnes (million) | Zn (%) | Pb (%) | Ag (g/t) | Zn (B lbs) | Pb (B lbs) | Ag (M oz) |
Indicated | 22.7 | 8.32 | 1.61 | 14.1 | 4.162 | 0.804 | 10.3 |
Inferred | 7.5 | 7.04 | 1.24 | 12.0 | 1.169 | 0.205 | 2.9 |