i really do think zinc will turn.
high cost producers are closing up, demand for zinc continues to grow, we will see an imbalance once again sending zinc prices up.
The chinese have already announced no new zinc mines, with production reducing.
Century mine is the lowest cost producer in the world at approx 50c US a pound. Others were producing at about $1.50US.
Owen Hegarty had a bullish forecast on Zinc which is why he was happy to get his hands on Century Mine (as well as the cash).
I really do think this will turn and when it does it will be very quick. Great medium term value.
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