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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: koan6/10/2006 4:48:15 PM
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Looking over Fridays Action: BWR and BWR wts looked best on a percentage basis. ABI sure scrambled back. FAN and ABI sell off and then at the slightest positive move in metals they will bounce right back up from over sold positions.

HBM looked good. Both BWR and HBM are zinc plays.

HBM is such a huge cash cow.

And UC silver looked good. Up on huge volume.

Zinc is lagging I think because no one believes the story.

They sure do believe the uranium story and zinc looks much better to me. When does zinc hit critical mass with regard to the LME stockplies? That is the 64 dollar question. Or will there be a geometric price rise in zinc comensurate with the fall from here on out.

It did seem Friday that a few people were watching zinc. It did seem like maybe the fall in LME inventoris was causing a positive reaction in zinc stocks if not metal price.

Well, zinc is ready to drop below 200,000 tons, so if/when that happens it should cause a stir. If zinc drops below 100,000 tons all hell should break out it seems to me.

Bigger than average drops in zinc last week as prices eased.

The best zinc plays IMO are HBM, EZM, BWR and ABI and PPG and MMGG although MMGG was the only one down on Friday?
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