Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.


TSXV:TUO - Post by User

Post by highperon Oct 10, 2022 5:48pm
239 Views
Post# 35016149

LME PB supply - equivalent to a few hours of production

LME PB supply - equivalent to a few hours of production

The trigger for all the excitement was the cancellation of 17,125 tonnes of LME stocks in apparent preparation for physical load-out.

This has left available stocks in the LME warehouse network at just 10,900 tonnes, the lowest this century and equivalent to a few hours worth of global consumption.

The stocks grab appeared to catch off-guard a market that has been happy to short lead and buy zinc in a long-running relative value trade between the sister metals.

Zinc smelter closures in Europe have grabbed the recent headlines but lead supply has also been taking a growing number of supply hits.

Lead refiners are less exposed to Europe’s rolling energy crunch than zinc smelters.

Macquarie Bank estimates that lead refining uses around 800 kilowatt-hours per tonne of metal, compared with 4,750 for zinc. (“Commodities Compendium”, Sep. 29, 2022).

However, persistently high gas prices across Europe are now starting to take their toll.
https://www.mining.com/web/column-supply-hits-catch-up-with-lead-as-lme-stocks-shrink/

 

<< Previous
Bullboard Posts
Next >>