zinc market update, page-2

Yes Michael1,

A promising outlook for pb/zn those who can wait.

But a quibble - Selwyn is using vastly outdated data for its assessment of TZN's Tala Hamza resource - why it suggests in mid-July 2010 the indicated and inferred tonnage for TH is only 24.1 million tonnes when TZN announced a measured and indicated resource of 51.1 mt in December 2009 is questionable.

Selwyn might be right about the eventual market for zn/pb but it appears too ready to promote its own case for investment in itself when it seems to downgrade an equivalent TZN resource by using data very much out of date. A good company doesn't need to fudge figures and so Selwyn is, imo, scared of what TZN offers.

See

http://www.terramin.com.au/lib/pdf/media/ASXreleases/2009/mf761.pdf

and compare with the Selwyn report. TH then moves way up on their table of coming resources.

Agreed?

HK