"The outlook for the metals markets remains uncertain with
an estimated 80% of zinc and over 40% of copper producers losing money. . ."
Don't you just love journalists. Grab some headlines; get some ink. Follow the herd. Then. . .
". . . [operating plans] will remain under active review during the year to adjust to changing circumstances. . ."
Ah. I feel better now. Companies actually adjusting to the market. Even Noront has mothballed Windfall. Just smart business.
I like the commentary I put up on my blog. Basically, a contrarian view stated by Jonathan Chevreau [Financial Post]: it's now time to invest. The market is awfully close to the bottom. And all of the players at the ROF are dragging their tails.
When are we going to see SPQ at 3.5-4.5 cents again? And sitting on a world class chromite deposit. Even a $400 investment may grab you $50K in a year or so. New BMW? Duhhhhhhhhh! Oh damn. Perhaps too much enthusiasm again. Apologies.
All IMHO - high risk ---> high gain
Snug