ZINC The base metal. News and Views. Symbol Zn Message Board

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

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To: s.jennings who wrote (42)	2/5/1999 1:40:00 PM
From: Ray Hughes	Read Replies (1) of 3270

S. Jennings: There will be more pleasant surprises generated by strong zinc price gains. London zinc up 1 whole cent today. London metal traders saying strong move in store. Chart suggests potential for upside breakout that could trigger short squeeze. European rate cuts portend accelerating economic rebound thereby accelerating recovery in zinc consumption. All this while International Zinc Association will be telling meeting at end of month that there will be a deficit supply, not surplus as IZA earlier prognosticated. If Cortone (Italy) smelter goes off production and Porto Vesme stays down a few more weeks, zinc shorts will get a big squeeze. Think Zinc! RH

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