zhi_gao good point, i think will hold zhi_gao good point, i...

zhi_gao good point, i think will hold zhi_gao good point, i think will average $0.50-0.55/lb for 1 yr at least, then next yr maybe $0.40-0.50/lb

http://www.kitconet.com/charts/metals/base/spot-lead-1y-Large.gif

from 01/07/05 to 31/12/05 average price of Lead maybe 0.45

from 01/01/06 till now average is about 0.55

so if it holds at 0.55 its still 20% higher than last period!

http://www.kitconet.com/charts/metals/base/lme-warehouse-lead-5y-Large.gif

Lookign at the LME supplies it appears that supplies have rising in the last 2 months but still is at lows compared to 2002 highs.

have to wait and see

Thx

MS