Post by
foxtrot6 on Jul 08, 2013 5:35pm
copper and zinc prices
Months ago no one was expecting Donner's new mine to need more financing, but that was when copper was $3.75 and zinc was $0.99, today we're looking at copper $3.10 and zinc $0.83. Commodities have been hit pretty hard... but just last week copper was $3.04 so it may be beneficial to see this mine through production development this year and have higher prices starting in 2014 for the possible 7-8 years of mine life.
Have a look at the Donner website www.donnermetals.com their May exploration news release shows some good high grade results about increasing the life of mine. Since Donner is doing other drilling exploration outside of the mine too, who knows Sandstorm may be in a position to get in on other future mines too.
GLTA