Quite day, any thoughts on recent price action of Zinc? Currently testing/respecting the 200day SMA........
Potential turning point, bottom of consolidation pattern?? We'll see, meanwhile stock levels continue to decline.....
Interesting numbers below (as of 18/04). The amount of *Canceled Warrants as a proportion of total inventory currently stands at approx 49%. Anyone know how this ratio stakes up historically?
*Definition below (Source LME)
A recent article/analysis on Zinc as we await the updated desktop study for those interested.
> https://agmetalminer.com/2017/04/18/time-to-buy-as-zinc-prices-decline-in-a-major-way/
GLTAH
Yukon Base Metal Project, page-16
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