Hi Trading Wizard
In my opinion you are still trying to down dramping to buy those cheap oppies a .5c
Perhaps you should read the article on SMH “Aussie hits 88.85 US cents”
http://business.smh.com.au/business/aussie-hits-8885-us-cents-20080809-3sj6.html
It states the dollar hit a high of 98.49 U.S on the 16th July 2008 and is closed at 88.85 U.S today
Kitco closing Spot Zinc Price on the 16th July 2008 80.96cUS or 82.20cAU
Kitco closing Spot Zinc Price on the 9thth August 2008 75.99cUS or 85.53cAU
Now INL produces its zinc in AU Dollars so in my opinion your post is alarmist at best.
Part of your question to Dave
“PS. I would try to ignore forums comments as they are exceptionally biased with talk of liquidation etc, this does not help with confidence levels as you can imagine.”
Well now you have asked a question on the forum at lest Dave knows who you are.
As you chose not to answer my questions to you before. Can you try extra hard this time.
Based on the Zinc price staying at 85.53cAU in your opinion how long before INL goes into liquidation?
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