Hi folks
Just a bit perplexed. Zinc is hitting multi year highs and is now well and truly over the $1.20 pound mark.
Zinc stocks for the most part are just chugging along, some etching out small steady gains but none really breaking out in an exciting way that I can see. Many are way below their multi year highs.
What is it going to take for the zinc price to be reflected in the various zinc plays listed on the Australian market.
Do we have to wait for $1.50 a pound. Is it a case that it will just suddenly fly and they will double/triple within weeks.
I'm scratching my head. I thought $1.10 then $1.20 would be massive catalysts for buying. Clearly every cent that zinc goes up means much greater profitability for the various zinc companies. Been a whimper really.
Any thoughts.
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