guys,
if the Zn price returns to $1.80 to $2.00, work out the EPS next yr in '08 taking into account beltana.
With all these metals youll never really know what the REAL story is as theres manipulation by hedgies, but, its becomming quite apparant that 'metals' in general are HOT and the hedgies will stick by this to make as much money as they can on the way up
theres going to have to be a MAJOR blunder on chinas part for the hedgies to leave metals alone.
everytime theyll go down, theyll come back up as long as theres no major blunder or economic scre-w up on chinas part
something major will have to occur to make the fundies sell out for good - being greedy, and wanting to make more and more money - the hedgies have no reason to leave till something of great material significance re the china story comes up and causes them to flee for good
From now on, any major basemetal that suffers negative sentiment, is a BIG BUY in my books as long as the macro china fundamentals are at play
theres simply not enough metals in the world IMHO to cater for CHINDIA for the next few years
PEM will re-test old highs if price can gather momentum back to $2+
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- with higher zn prices its easily undervalued
guys,if the Zn price returns to $1.80 to $2.00, work out the EPS...
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