PNX has valuable assets in Hayes Creek Zinc, Gold and Silver...

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    PNX has valuable assets in Hayes Creek Zinc, Gold and Silver project in the Pine Creek region of the Northern Territory. I am hoping to see further progress/announcement regarding project development soon.

    "Zinc is the fourth most consumed metal by volume and the supply gap is growing with major mines closing in recent years due to depletion. Stockpiles of zinc at the London Metals Exchange are currently at 12 year lows and have been rapidly declining in 2017 to date.

    To put more strain on the zinc price, demand for the commodity is growing at a forecast rate of 3% in 2017 as estimated by resources consultant Wood McKenzie"
 
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