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kipp440

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kipp440

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Re: lentinman post# 37226

Saturday, 03/04/2006 9:15:41 PM

Saturday, March 04, 2006 9:15:41 PM

Post# of 173801
Len - This is the lag of bringing new production on. IT TAKES YEARS!!! Many new mines and smelters were announced and built in those years. Look at the Red Dog mine of Teck Cominco and Korea Zinc's 400,000 ton smelter to name a few. This brought the price down in anticipation of those projects. There are no new "mega" mines coming! And we have too much smelting capacity right now!

Kipp

It's different this time!

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