re: headed down the cr.pper.fed Its the longer term charts that...

re: headed down the cr.pper.fed Its the longer term charts that are significant imo Fed.

But then Id like nothing better for zinc to go back to $1.50+ but reality says the consumers cant afford it at those previous levels.This is probably due to the large rise in the price of steel that will no doubt be added to come the next round of contract settlements.The producers just have noting left tom play with hence the slow down in zinc demand as the price reached that threshold for them.

Even Im guilty of going the "it adds minimal cost to the end product" line.But the slow down in stockpile drawdown told the truth of the matter imho.

It can only be good for zinc demand if the price comes back to say(and Im revising my figures)$1.20 to $1.40.

I tell you what though,its been an excellent learning process for me re the fundamentals of the base metals markets and how important it is to pick solid companies with good projects that are likley to go forward.

d.