IBG 0.00% 0.2¢ ironbark zinc ltd

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  1. 43,339 Posts.
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    My views have not changed and neither have the share price. I was once adamant that the major mines closure would bring back the demand as supply shrank. Zinc price have gone back up. I was only a matter of time since the period post GFC, zinc price went sideway for many years.

    ML approved and the wall of sellers jumped straight back to maul the euphoria almost immediately. This suggest there are other reasons for the bearish market sentiment. One can only suspect the usual project finance, difficulty of mining process or marginal project. What else is there for lukewarm uptake of this euphoria?
 
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