..tantalum.., page-34

re: facing some heavy selling pressure In a word no, i can`t explain it!

What i can see is a series of charts from Kitco Metals where the price of Zinc is a long way above where it was six months ago. Even blind Freddie can see the profit for this six months will be way above the preceeding six months. The range of forecasts on the Comsuc site has quite a range with the highest being approximately $4 for this F/Y. He/she is the closest in my estimation.

But hey, the Herd have decided that metals are past their best ( Cu, Al i think are ) so Zinc has to take a hit also. Fundamentals don`t count in the short term but the next few months should see ZFX bring home the bacon.

If you can ignore the short term volatility, hard though that is given yesterdays move, take a slightly longer term view than intraday or overnight movements i reckon ZFX are cheap.

But what would i know?