seats in pre-open, page-12

re: zinc still at 1.50/fed Holding tough isnt it Fed.

But Id still like to see just how much this slight correction has shifted the funds out of base metals and only time will tell us this.Imo $1.50/lb is a nice level for zinc.It may have to come back a little more for drawdown of stockpiles to accelarate again but I think the Chinese would wear this costs for zinc.

There were definite signs they didnt like it above $1.50/lb as the drawdown slowed markedly.

d.