I might add that the LME's zinc stockpiles have fallen from 400k...

I might add that the LME's zinc stockpiles have fallen from 400k to around 60k metric tonnes in about a year and a half; and that the zinc price is in a very bullish ascending triangle.

With PDZ's cred in this field, and the sheer size of its inferred resource, and the global squeeze in zinc, it is obviously a no-brainer that PDZ will come up in price; the only question being when.

In the meantime it's dream buying for some. And I admit I wish I had known this market correction was coming - I would have bought PDZO at 60c instead of 90.

But in the end I will do well, as will all who hang on to this stock, which has an unusual complex of pluses.

Even if there is a bear market in general stocks BTW, an analysis of the last US bear shows that resource stocks rose strongly from start to finish. Can dig up citations if anyone is interested, as this might become relevant soon enough.