zinc chart.offtake, page-3

re: zinc chart.next leg up. Domum

I have a majority of my portfolio in zinc shares (ZFX, CBH and AIM). I think that the stocks are well undervalued as long as the fundamentals continue in our favour ie continued drawdown on zinc reserves. The more it drops the more i'm going to buy.

ZFX has a pe of something like 5 and a half which is ridiculous when you consider what price they were getting for zinc only 9 months ago. CBH has been valued at $2.40 at current prices. Hopefully as the producers move to become fully valued, specs like AIM will also come up. Unfortuantely the finance was expected in June and we are still waiting. With the conditions so strong what the hell is the hold up?

2 things have consoled me in my wait for AIM recently:

1. A couple of times on other stocks people have used the term "grade is king" and AIM's grade is excellent and a

2. Graph which showed getting finance tends to be a low spot on the price which precipitates a consistent run up to production (sorry forget where it was posted). AIM's price seems to have followed the same trend.

Anyhow can't complain with zinc up strongly the last 2 nights.


Mookie.