new year potential

Zinc and lead prices were higher overnight. Zinc currently US$1.11 lb and lead US$1.21. Lets see if the trend continues tonight.

These shares are looking cheap. Company very well cashed up and profitable with big copper prospects in the new year to add a bit of excitement. Potential corporate action in terms of takeover or acquisition should also help move things along.

Share price now just $2.70. Two weeks ago was $3.50 and ten weeks ago was $4.50. Could move back to $3.50 quickly resulting in gain of 30%. Copper could push price back above $4.50 in February. Could be a good little earner to kick the year off.

My thoughts only. Do your own research.

von.