mmgg - it's not far away from gap-fill is it ... as Mr Aloha points out, that could be seen as a break-away gap, justified from the fundamentals, still it couldn't hurt anything to just print 3.01 once on a spike down, then it's primed ... but i'd like to see it do that after my ship comes in, not before ... apparently it takes two lawyers both deciding to not be on holidays to tie up and unload the ship, aargh ... actually it's a rowboat, but most of the holes are patched
Lots of time, for one thing it's summer, for another Metalline won't be on the Amex for a few weeks yet, for a third they're in the fease stage which traditionally gives a boring chart as speculators sell out to investors .... on the other hand, zinc put on about seven [?] cents today and it's starting to look like a trend ... imagine a new all-time high for Zn, only two bits from here, just as they get on the Amex and the same day JH puts out another heavy duty email pump and he gets into the old testament quotations, hoo hah
My calculator says that five billions times seven cents is usd350m ... read somewhere that rolled sheet steel is going for about usd500/t, the galvanised is usd700/t ... what percentage of the weight is zinc, i wonder ... probably depends on quality and process, you get what you pay for |
