NCZ 0.00% $1.10 new century resources limited

News: NCZ New Century Resources Seeks Trading Halt, page-26

  1. 4,924 Posts.
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    Correct me if I am wrong but isn't the Gunpowder/Mt Gordon/Capricorn Copper mine (I know its difficult to keep up because every new owner re-names it! ) operating at the moment?

    Mt Oxide itself hasn't been mined since 1971 and as I understand it the QLD Government has resumed the mining lease for a remediation project.

    Both mines have some potential, but also have some environmental liabilities/issues.

    Interesting discussion about IGO though, its the only ASX listed zinc producer that hasn't had its share price smashed in the last few years. Have a look at the rest of them like AMI, AML, CZL, HRR, NCZ & RVR.... just the hint of any Zinc production is enough to march your share price directly to the toilet, with the notable exception of IGO.
 
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