I think rooster the zinc will be shelved till prices pick up and copper will be the focus and the the drilling of those anomalies with the high copper and silver content. I know zinc has flatened but with a lot of zinc operation closing as i said before how before there's a shortage if things slow down for 2 to 3 three years cse if it already got the infustructure there and zinc picks up they can move straight along. I know there is ifs and buts but pfs copper was in the money down to $2 a pound and it is a lot more than that so it makes good business sense to focus on the metal that is most profitable and be prepared to switch to the zinc lead silver deposits when things pick up.
But certainly I would be looking through rose coloured glasses if I thought things where as rosey as they where 12 months ago. I think like most holders who are holding we will have to wait to BFS to get a good idea on what is going on and the production costs and profit break down.
I have thought a few times is 2o odd cents a fair price for cse at the moment and have come to the conclusion that with juniors not one ounce of blue sky is factored in anymore and the bfs for copper will have to look pretty good to even get close to 40 cents now with the credit squeeze, I am glad I have no financial pressures to push me out and can hold long term and now I mean 2012 and beyond as any short term exposure in any junior will cost you money. If the BFS doesn't reccomend any mining I can see us going down to the 5 to 10 cent mark as a lot get out at any cost and will only pick up more if this happens but I still see CSE minig in 2010.
There is a lot of ifs and buts but just trying to give a realistic picture on my beliefs on what is happening.
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