New video out from Chen Lin who is presenting at the Metals Investor Forum talking about China, he has a very interesting comment about lead at 8.22 "Recent policy changes in e-bike and e-scooter may sharply increase demand for lead" He mentions a new advanced lead based battery and is basically hinting that lead may be a good commodity to own.
If we are at the start of a bullish period for lead this would be incredibly bullish for Boab Metals which combined with a silver bull market seemingly unleashing today provides a double whammy for this developer with a very advanced stage project in Western Australia where the lead covers all the costs of mining and they will be producing 2 million ounces of silver per year for free and if you add on top a bullish lead price as well the potential for Boab Metals is explosive, particularly with their extremely bullish announcement on Monday where they now have the option to go to 100% ownership of Sorby Hills, perfect timing with silver breaking out and lead possibly on the verge of a bull market if Chen Lin is correct.
The silver price having a big rise overnight and dragging commodities with it including lead appears to have been sparked by China unveiling major stimulus measures to support its economy last night.
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- Verge of a lead bull market ? China expert Chen Lin is bullish on lead
Verge of a lead bull market ? China expert Chen Lin is bullish on lead
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