someone mustve sold out a large lot???
the PURE zinc plays havent done so well - look at ZFX (mkt up 100 and it barely moved)
ppl may be afraid of weakness in zinc price recently and rising stockpiles so pure zinc plays are on the outer for now???
*** at these prices you can make quite a good % return + dividends if the price goes back into the previous trading range between $4 and $5!
I assume traders are shorting it , ONLY to BUY BACK at lower price and ride it all the way back into the $4 range!
Instos will BUY too if only for the divvys if the price gets even more ridiculous as yield is starting to look very attractive esp in the future.
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kzl much lower eps higher pe than pem, page-7
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