If the likes of Credit Suisse could forecast that with any certainty their wealth would be limitless. The reality is nobody knows what will happen. Who remembers when oil was $147 and Morgan Stanley and Goldmans were calling for $200 oil?
This is a link to a recent Teck resources presentation on Zn...
A structural deficit in Zn will continue. Lower prices (<$2,000) will only add to the problem. Even at $2,400 the incentive is minimal and only the highest grade projects will get up.
NCZ Price at posting:
99.0¢ Sentiment: Hold Disclosure: Not Held
