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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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To: Stephen O who wrote (36)2/4/1999 1:56:00 PM
From: Ray Hughes  Read Replies (1) of 3270
 
Stephen:
<<the stocks are hardly reacting.>>

Just had a chat with a broker re: the move in silver and he said "the stocks are hardly reacting." He then said "thats good, when the investors finally realize the move is real, they pile into the stocks with a vengeance."

The next move in silver and zinc stocks will have to be fueled by the retail sector because so many institutions have made policy decisions to stay away from the junior sector. Retail money, being smaller, moves stocks less rapidly. Good! It give us time to accumulate at good prices.

RH
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