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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Mr. Aloha who wrote (22418)10/6/2006 2:27:31 PM
From: jackjc  Read Replies (2) of 78419
 
Did not add yesterday but this zinc breakout and continued fall
in zn warehouse levels to 134kT has caused me to add again
today.

The way supply is being cleaned out indicates to me that buyers
and sellers will only be balanced at a price in the neighborhood of 3.00

Supply has been increased over 40% in the past 10 yrs.
But it has not been enough, and the new Asian demand has caught
the producers unprepared with not enough new mines coming
onstream.
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