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

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To: Claude Cormier who wrote (31969)2/5/2007 3:38:01 PM
From: koan  Read Replies (2) of 78428
 
Base metals:

I have a little different take on them Claude. Copper, I never invested in because I could see mining could increase supplies of that one.

Zinc, I feel is seeing the remnants of the late Red Dog shipment. Red dog produces 500,000 tons a year of zinc. It seems like the LME is starting to turn around in zinc inputs?

Nickel: there is still only 3,200 tons and we are seeing huge gyrations that are most likely just hedge fund activity. I cannot image where new large supplies of nickel are going to come from as most of the nickle comes form just three areas in the world. And I can see where increasingly huge demand for nickel can come from hybrid and electric cars and steel alloys.

We shall see.
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