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Lead mine reopen in Mexcop

Discussion in 'For Sale- Members only' started by b12, Feb 11, 2008.

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  1. b12

    b12 Well-Known Member

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    I see a lead mine reopened in Mexcio after strike had been settled by workers. The workers got a favorable 6% increase in wages. Production will begin to flow very fast very soon. Although this is just a small portion of the mines in operation in the world it is one they need producing next door to us. If I were a distributor I would be getting rid of my inventory as fast a possible and get any thing I could over .065 a pound.
    Their is onlyl going to be trapshooters left that is willing to buy it. Regardless what you hear about lead batteries that is bull. Most all batteries for vehicles will be lithium. As Paul Harvey said (Good Day)
     
  2. GCTC

    GCTC TS Member

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    Paul Harvey may know what the future is ...... But ...... currently batteries account for 71% of production. Pigments are 12, then Rolled and extruded at 7 finally Shot/Ammo at 6%.

    So if batteries went away, lesd would tank!!!!!
    Rod
     
  3. hmb

    hmb Well-Known Member

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    Lead is $1.36 a pound today. $1.36 x 25 = $34.00 a bag. It's going up, up, up..........................................HMB
     
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