IBG 0.00% 0.3¢ ironbark zinc ltd

Zinc; further evidence for rally support, page-4

  1. 5,651 Posts.
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    Mmmm...first time I have heard that anything Goldmans Sachs says can be considered music to ones ears!
    I have learn't a long time OK not to put much if any credence on predictions.
    Yes it is hard to say what is driving this rise in SP. Zinc price or ML pending. I would prefer the former as the old buy on the rumour/hope and sell on the fact so often eventuates. I know many will disagree but I doubt we will get the re-rate many expect if a ML is granted. To some degree IMO it is priced in and secondly the rumour/fact profit taking will act as a brake.
 
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