In brief the price of zinc is stuffed until 2010-2011.
Precious metal recovery is now more important than ever for INL, and the price of gold IMO will continue to rise against a credit crisis in the US. The sub-prime is far from finished in the US, with more bad news to come.
How are INL going to raise the funding for stage 1&2?
With great difficulty!!!
Like turning water to wine, Pee Wee must turn tailings into $$$$$ and quickly. A share issue on the cards?
In brief the price of zinc is stuffed until 2010-2011.Precious...
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