V.LTH Message Board - Msg: 24563879

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Gold/Mining/Energy : V.LTH

LTH 27.91

+1.3%

3:59 PM EST

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From: james flannigan	5/6/2008 7:37:19 AM
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Jim Rogers was talking on CNBC last night and said the current zinc price is reflecting recession.He said now is the time to buy zinc at the bottom of the cycle.He said that all metals and oil reserves are in a rapid decline and feels that the bull market for metals and energy will last for many years to come.No major oil field has been found in 40 yrs. I tend to agree with his buy the bottom. In the case of LTH the ore is there and its high grade.A recovery in zinc in 08 and 10+ million tons at Crypto in 43-101 will take the share price higher. Nothing has changed at Crypto other than its ore is today a lot cheaper than a yr ago.Buying gold at the bottom of $250 a few yrs ago was a gift today.I think the same is in store for zinc.Investors tend to look too short term.There is over 6 billion people on the earth.Food is in short supply as is copper, oil, and all metals.Zinc is now a buy IMO. James

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