Even if ZFX EPS is halved the forward PE will only be 8. That...

Even if ZFX EPS is halved the forward PE will only be 8. That means the price of zinc has to go back to 2005 levels and inventories will need to be over 200000 tonnes. Even at this level ZFX is a bargain IMO. Unless China and upcoming India suddenly stop building then I can't see Zinc or any other metal for that matter falling into the ocean any time soon. Zinc went too far too quickly and needed a correction but the long term outlook is still very positive IMO. Also ZFX is going to grow into a giant diversified resource company ( or at least has a very good chance of being one). I wish I had bought in a lot sooner but I think they will still be around in 20 years. Just my opinion but what do I know

cheers