CSE 0.00% 7.5¢ copper strike limited

whats going on, page-11

  1. smm
    550 Posts.
    my take on all this. the zn pb operation is a no go at these prices. the long term outlook is not good for either commodity.

    cu on the other hand *MIGHT* be profitable. however since last prefeas the costs of mining have gone up a great deal, and the cu price is now in a long term down trend back to historical averages.

    all doesnt bode well for copperstrike. I expect from what i have been advised is that the feas study will say its a good project but can never get off the ground at these prices and grades.
 
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