High-grade Silver, Zinc, and Lead Advanced stage of development Prairie Creek Mine-NWT

Largest Shareholder Vatukoula Gold Mine (680,000 oz Reserves, 4.3 million oz Resource)

Free
Message: Many mines share prices way overvalued.

CZN may be able to begin production by 2015, once the necessary permits and capital are in hand. Still a lot of time before we might have to worry about that, and for the markets and miners, and the price of zinc to turn around. Also, if the price of silver stays supressed for too long, this will not only have an effect on the primary silver producers, but also on those marginal Zn-Pb-Ag producers that are staying afloat from silver by-product credits. CZN would probably be in the upper quartile in terms of the value of its ore produced per ton, so it should be able to withstand any depressed metal prices for longer than the majority. IMHO.

Cheers,

Luker

Share
New Message
Please login to post a reply