zn is $1.00/lb & cu is $3.00/lb!, page-3

you're correct Reichman & I don't have my sheet at the moment to update on on current A$ rate & what prices of Zn we can break even.

Zn break even point at KP was around us$1.05/lb for ex rate of 0.89, which means that zn needs to continue its trend.

the pricinciple here is that Zn prices are predict to go ABOVE US$1.50 while pairity it what's expected of the A$ in best case scenario.

so the idea of seeing zn & cu going higher is only to prove the good outlook of their future, which was pretty much doubted by the slow recovery of USA.

there's a ratio between cu/gold that needs to be maintained (in terms of prediction of prices) for pretty much gold is driving the whole story now.

mentioning that we do have prospect gold/silver in KP so it all looks set.

cheers,