IBG 0.00% 0.3¢ ironbark zinc ltd

IBG Ready to surge, page-29

  1. 3,755 Posts.
    lightbulb Created with Sketch. 104
    Don't go for the weak hands, manipulation etc stuff myself and the charts can look pretty nice...

    But what I like is that at beginning of the year LME inventories were 690,000 tonnes and now, after just over three and a half months they are 200,000 less at 489,890 tonnes my hearties check it out http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Zn_cash

    IF they continue falling at this rate, you can all do the maths on where they'll be around the time we can expect mining approval, say late July. And then Century closes a couple of months later and you can all speculate on what the zinc price will be doing at that time. IBG should go bananas by the end of the year methinks, unless the Chinese do something peculiar.

    Glad to be BIG on IBG
 
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