AGM 0.00% $1.60 australian governance & ethical index fund

zfx offer one dollar, page-44

  1. 5,233 Posts.
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    so what you are saying is that in 2 years time i am kidding myself that a stock could double?
    really?

    whatdid you say AGM will be worth in 2 years time?

    hehehehe

    oh i see AGM can double from a takeover premium high point ie $1 up to $2
    but zfx cannot ever obtain $2 below its previous high?
    yes there is some logic there. hehehehe

    http://business.smh.com.au/oxiana-upbeat-on-prospects-for-zinc/20080123-1npz.html owen hegarty upbeat on zinc.

    http://mail3server.net/TC.asp?nsid=6144&URL=http://www.yukonzinc.com/documents/YZC-SWNJan17-08ZMU.pdf
    Yukon zinc say
    A repeat of this downgrading of production would eliminate the current forecast surplus for 2008 and 2009; thereby balancing the markets ahead of the long slide in mine supply that begins with shutdown of Brunswick Mine in Feb 2010.

    Various market influences are contriving to create the "Perfect Storm" of deferring current mine production needed to meet the fall in current mine production that begins in 2010, setting up the fundamentals for a sustained period of high zinc prices following 2010.


    i tend to believe these guys over most hotcopper posters.

    cheers
 
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