The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Base metals

Base metals

posted on Aug 03, 2009 01:07PM

With the Chinese and East Indians economic growth, there will be huge demand for base metal properties of merit. The key word is Merit, which failed because of size. The properties have to have basic mag survey and geochem sampling done to make them marketable. Copper is up to $2.71, Lead is $0.84 and Zinc is back to $0.82. All prices are economic to mine as long as the resources and mining infrastructure is large enough to support lower prices in a downturn. It is my opinion that the gold properties would be better off optioned to a pure gold company and the focus of Wildcat to develop the base metals. The Foster River zinc play has the potential to be world class because of the sizeable land position, the new management has extensive experience with base metals. The Snow Lake properties are going to be another area play and will go as VMS goes. I still believe their is potential for $0.50 here this fall. Comments?

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