ZFX zinifex limited

re:madness, page-5

  1. galvanise
    3,811 Posts.
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    26/07/06
    11:33
    Post #: 1699299
    The end result from my view is I just see it tracking Zinc for the most part. Thats why I think the shorts are linked to zinc futures..

    ZFX and PEM have 90% correlation,

    Check out this graph showing OXR, ZFX and PEM

    http://charts.comsec.com.au/chartimg/ChartImg1.dll/GetGif?Time=1yr&Symbol=ZFX&comparisonSymbol=PEM&comparisonSymbol2=OXR&Frequency=1dy&PriceDisplay=percent&PriceIndicator=none&VolumeIndicator=none&Param1=11&Param2=31&Height=375&Width=500&DateTime1=2607200611:26:16AM

    http://www.kitcometals.com/charts/zinc_historical_large.html#1year

    ZFX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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