CBH 0.00% 7.5¢ coolabah metals limited

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  1. 3,038 Posts.
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    re: zinc back to 2.00 us..lb Hi Benbo

    Why is the Zinc price going on these wild rides?

    It went from about $2.09 down to about $1.85....WTF i just dont get it, it has calmed down alot since then, however in the last trading session the price did get down to $1.91 now back over $2 again.

    Its really strange when you would consider the stockpile levels are getting depleted rather quickly.

    This is way over my understanding and i can only think over the longer term, between 6 and 12 months from here,

    Zinc should get to $2.50 with ease...lol..

    Am i a little to optomistic?

    Cheers
 
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