am i allowed to say wwooossshhh on this thread, page-5

As much as our little Aim can woosh eh Andrew.

Good to see some movement in the sp today anyway.

Motivation?Well we hope its Perkoa news imminent but Ive learnt not to expect such positives from small caps.Ive seen this and other stocks move on imminent annmnts only to be dumped when the annmnt wasnt the one expected or did not come up to expectations.

LME stockpile had a big fall of over 3,300t yesterday which seems to have lit a fire under the price of zinc.I think the funds are getting excited again and Ive got to say the zinc chart is starting to look very bullish again.Just whether any more upside to the zinc price can be sustained by end user buyers only time will tell.

I expected the price of zinc to flatten out and be rerated to around $1.30 to $1.50/lb but it doesnt look as though the funds have finished with it yet.

Apart from nickel,zinc argueably now has the strongest fundamentals of all the base metals.The funds have already blown copper out of the water,it could now be zincs turn.Im not saying zinc will reach the value of copper as zinc is not intrinsically as valuable as copper is to the world economy but it is rapidly taking on a more important status as steel production continues to expand due to Chinese/Indian growth.

What zinc price was it that Marc Flory nominated in that article a little while ago.I believe it was $5000/t wasnt it.Well the way the zinc chart is starting to look it may well be attainable on a spike.I doubt it very much as it would just about kill fundamental buying,if it hasnt already been killed at this level.

Did I say spike?

Geeez I thought thats what we just had but if it breaks the next resistance it could be on its way over $4000/t.And to think analysts were saying $2000/t would be stretching the friendship.

d.