Yes, Zinc continues to climb on top of last year's significant rise. Commodity investors and producers will do well over the next couple of years at least as exploration and development has been far below what's required to keep new resource coming online as required.
Investors looking to buy into a well-positioned producer could do worse than have a look at Golden Rim Resources (GMR.ASX). Please note that I'm a holder so this is absolutely not intended as objective advice.
In summary:
1) The company acquired a Zinc/Lead/Silver prospect last year in a highly advanced stage with considerable work already done toward the feasibility study.
2) A Magneto-Telluric scan revealed significant extensions of the already-known resource to a depth of over 1km and toward the south west beyond the previously explored area.
3) Diamond drilling is now underway to confirm the MT results.
4) Strong cash position ($5m) to complete drilling programme.
Do your own research before acting. As I said earlier, I have an interest already in this stock.
Yes, Zinc continues to climb on top of last year's significant...
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