2018 for Zinc & PUR

In what has been a very successful investing year, this stock has been my single largest losing position (as a percentage loss) from my initial investment.

Disappointed doesn't even begin to come close to what I feel about this stock.

From my original purchase (well over IPO price), I have since doubled up at less than half my original entry.

Although 2017 was poor, I feel 2018 will be significantly better for PUR.

Firstly, at current SP, it is trading at around cash backing... so the mkt is literally putting zero value on its 2 Zinc deposits.

Secondly, Zinc has passed IMO a critical juncture. On the LME, inventories are now less than 200,000 tonnes. Inventories have been decreasing all year and are now at approx. 8 days supply. The forecast Zinc deficit this year has been deeper than most have expected & next year is set to worsen... This will IMO put significant upward pressure on Zinc prices (which are already at 10-yr highs BTW) & I am calling for US$2/lb next year given the macro situation.

Lets see how this plays out next year - all I know is that now is the time to be accumulating, not offloading...