quarterly out, page-9

Hi
Zinc was up on LME $100 to $2450us an Lead jumped 6.8% higher to $2965.As I mention before I think lead is the underdog that no one talks about lead is also in deficit.I will stick my head out and say there is a good chance that if the money keeps flowing into basemetals lead especially will sky rocket it now has broken its old trend line.Also I think Zinc is not going to be in a big surplus like some are forcasting due mostly to china.Look at China's smelters I believe most will be forced to use less power and cut production.Also a lot have stoped production at this moment due to bad on going weather.Things can change around very fast and I believe zinc will at least do a little better than most forecasts.Longterm zinc's fundamentals are still looking good in the years ahead.
Hoggle will say bye bye now