Big call. I would be very surprised to not see a move thru. $15 in the short term but estimating a timeframe on the $20 mark is a bit of guesswork. Fundamentals are excellent on this stock and a pe of 8 always encourages me. I've been long on resources for a few years now and i am increasingly convinced that commodity prices in general are only part way thru. their growth cycle. Sure we will see some corrections along the way, but I'm more interested in long term direction and i'm yet to see any real signs (apart from nerves) that commodities are over priced fundamentally. I'm reassured by the fact that insto.s have only really jumped on the band wagon from Dec. 05. It's still early days and of all the metals at the moment I'm probably most confident about zinc. Anyway, just my thoughts..
ZFX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
