is this guy talking about zfx....., page-6

supply concerns to 2010 not 2007 Who cares...he`s not really a doc anyway (A pithy PHD with a degree in international finance)...and most definately not that well researched if he has only just heard of Cold Eeze!!! The stuff has been around for about 14 yrs ...and if he is just now recommending zinc companies...he's not exactly quick on the uptake their either....

Anyway, he's just telling us things we already know but here's a few more things that may be of more interest...

1. The zinc price is expected to rise above the $4000 in the next few weeks according to Steelmills of the world.com - http://steelmillsoftheworld.com/news/newsdisplay_moreover.asp?slno=5847

2. When steel companies start buying stakes in Zinc refiners you know the market is pretty worried about future supply. Refineries are not very profitable as it cost heaps to run them and many produce runs at a loss from a lack of raw supply. If you buy one you do so secure supply in the event of significant future shortages that will be sustained for a longer period of time. As opposed to a balance predicted by some in 2007 or 2008. http://steelmillsoftheworld.com/news/newsdisplay_moreover.asp?slno=5854

3. Further concerns about local chinese supply were highlighted by the recent removal of export rebates on unwrought (basic cast form or recycled base forms) zinc and lead, which effectively incents exporters of zinc to supply internal refineries rather than shipping it overseas. http://metalsplace.com/metalsnews/?a=7044

4. The doc quoted 2008 as the year prices fall or moderate plus I have read even as early as 2007 by some- however they are spitting out all the same garbage. In reality, Zinc demand has been forecasted by China's own internal research group 'Anitake' to rise by 56% by 2010. To quote: http://www.rusmet.net/news.php?act=by_id&news_id=50915

"The domestic supply of mined zinc is likely to lag behind demand by more than 10 percent this year, pushing up concentrate prices, she said. She didn't provide an estimate of China's zinc production in 2010, saying that the country is likely to remain a net importer till then."

This is exactly in line with what the industry is saying...which can be biased to encourage investment but as the Chairman of Mt Burgess mining points out...http://www.moneyweb.co.za/business_today/149220.htm

"World zinc output will need to grow 22% on this year’s production estimate of 10.6 million tonnes to meet expected demand by 2010. Stocks and output will be at critical levels by early in 2008."