after reading an article in the Smart Investor, Mark Creasy had...

after reading an article in the Smart Investor, Mark Creasy had a good point the "bulk" resources like coal, iron ore etc are a worry because there was a huge amount of excess capacity in the them, the problem with nicel zinc and copper is that there was no spare capacity in known deposits. We've got to first find these new deposits before we can bring them on stream and there is going to be a very big time lag between discovery and development. HOLD.