TTR tectonic resources nl

600,000 ton copper deficit for 2011, page-2

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    ....and Zinc is predicted to perform well in the future....

    "Zinc will be the best-performing industrial metal this year, advancing as much as 21 percent to $2,800 a ton from $2,308 in London on Dec. 24, according to a Bloomberg survey of more than 100 analysts, traders and investors. The metal for three-month delivery in London declined 0.4 percent to $2,447.50 a ton at 4:42 p.m. in Tokyo yesterday.

    The zinc market will be relatively supported over the next 12 months by resilient emerging-market demand, new demand from physically backed zinc exchange-traded funds as well as a significant slowdown in mine production growth in China, Deutsche Bank AG said in a report on Jan. 11. The bank forecast zinc prices will average $2,475 a ton in 2011. "

    http://www.bloomberg.com/news/2011-01-17/mitsui-mining-maintenance-at-largest-zinc-smelter-may-cut-output-of-metal.html

    All the metallurgical contents of Trillogy and other TTR assets have a rosy future, for the mid-term, at least.
    All we need to do is to hasten towards production and prove up more by drilling our current exploration targets.

    GZ
 
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