re: zinifex...shorters getting squeezed/ nicky and nicky and MB
why on earth would you even consider getting out?
i have just got in at $6.24 and again at $7.05.
i have used some serious money by my standards.
i see 6-18 mths the price being double. Why? have a look at the analysts predictions of EPS 92c by june this year and $1.23 by june 07.
the forward PE's are 6's and 7's zinc is in very high demand. they are unhedged on zinc and they are also into other metals ie gold lead etc.
they aree the 2nd largest producer of zinc in the world. My prediction is that they will become another BHP or Rio.
Good luck with your holdings.
ZFX
zinifex limited
