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Good news for Mct?, page-18

  1. stormyweather
    288 Posts.
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    26/08/16
    15:23
    Post #: 18715524
    Yes, it will be great if the price of zinc continues to rise. Apparently Heron Resources is planning to revive its old zinc mine at Woodlawn, NSW, and the MD (Wayne Taylor) stated earlier this month that the timing was right to go ahead with the development but he thought the price needed to rise around another 30% to bring new mines into production. (http://www.abc.net.au/news/2016-08-05/zinc-copper-price-surge/7690040)

    The price of zinc has already risen 60% this year, so it looks promising !
    MCT Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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