As far as the zinc price/chart is concernd PR what I have liked about it has been its resilience at $1.40/lb since spiking(from mid 2005)which is the upper zinc price for Lonsecs Aim valuation.
It is my assertion that this MAY remain the going price for zinc for quite a while yet,IF the supply doesnt catch it big time as you think it might.Its interesting that even though the Cu stockpile has been increasing the price for Cu has still been strong.Imo this is because the investor factor has withdrawn substantially from the markets as of late and we are seeing good REAL consumer spot demand for base metals.
Will it continue this way?
As our two opinions,and many contrary analysts opinions prove,who'd know.
Scary being in specs sometimes;-)
d.
praup1 good time for you to sell today, page-21
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