Well I'm out and proud and firmly camped in the positive near...

Well I'm out and proud and firmly camped in the positive near term fundamentals of zinc. I'm not really concerned about Chinese idle capacity for three reasons A) environmental issues Government crack down re: antiquatid smelters B) diminishing ore grades and lack of new discoveries in China C) To quote an article  "Under every new zinc discovery a Chinaman appears from underneath a rock"
In regards to so called "hidden stocks" one just has to reread this 2yr old article which mentions in great detail all the names and corresponding tonnage that will be lost from the market over the next 3 yrs and keeping in mind that markets are always forward looking up to 9-12 mths, so my guess is that the real  zinc price appreciation will begin in Q2 2015.

I've learnt over time not to sweat the day to day fluctuations in inventory and price, makes for a good night sleep.

http://www.mining-journal.com/miners-right/split-decision?SQ_DESIGN_NAME=print_friendly