Comment by
glory7 on May 02, 2012 6:23pm
Century zinc mine announced today from australia that they,ll be closing 1 year later than planned, zinc inventories all time high, deficit 2014 dream on , dead money not 1 share left. Peggy company BS.
Comment by
GenuineTalk on May 02, 2012 8:48pm
You mean Halgarten are the PUMP? They have Tamerlane Ventures in their portfolio. Page 12, Glory.https://www.stocksandspeculations.com/i/pdf/159b_Mar2_Hallgarten_Article.pdf Silly,hey?
Comment by
elitespooner on May 04, 2012 7:22am
... and that position is their worst performer ...
Comment by
GenuineTalk on May 04, 2012 10:13am
Did you check the target price? 1 year target of 1$.
Comment by
Shaftsinker on May 04, 2012 3:01pm
Thanks glory, can you post a link to that announcement please? There's several reasons why the mine life might be extended by a year. I think century is about a 500k project right? That's about 3-4% of global demand. Anyways even China is corroborating the countless analyst reports that the supply demand balance of zinc is shifting heavily https://www.digitaljournal.com/pr/690922
Comment by
glory7 on May 04, 2012 3:13pm
I saw it on Kitco early this week , sure if you go to there site it will be available.
Comment by
Shaftsinker on May 04, 2012 3:47pm
https://www.cairns.com.au/article/2012/05/02/217241_local-business-news.html Unless I misunderstood this it seems they're looking to use the century infrastructure to mine phosphate deposits they've identified nearby It's a good move for the mine as it will defer closing costs by a year but I don't think this will have an impact on zinc supply
Comment by
GenuineTalk on May 04, 2012 4:16pm
Call me pump or dumb or whatever you want do you DD and decide. Not talking Tamerlane only but all the juniors are in the low. See if any expert will advise to sell now. Must be out of your mind. I'm holding you do whatever you want. And I already mentioned I will not blame anybody for selling hopefully you want regret it later.